Rules for winding up big banks do not work, Swiss finance minister warns

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The world should listen to her…because she is right 💡 samgadjones

Switzerland arrogates to itself far too much importance, and its so-called big banks might have a smaller capital stock than many regional banks in the U.S. risking the axe.

You're just creating a pressure cooker to force the underlaying causes to build even greater pressure before you reach a point that can't be prevented any longer.

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