The Last Post Crisis Deal? Probably Not – Credit Suisse Whistleblower Post

The headline in Banking360 this morning was “Credit Suisse Pays $5.3B In Possible Last Post-Crisis Deal.” Is this the last “post crisis” deal? Heck no! That would imply that banks and mortgage lenders learned their lesson. By their very nature, financial institutions are in business to make money. They need to turn a profit. Higher profits means happier shareholders.Read the full article