GLP: Poor management cannot be regulated away
Published: Friday, Dec 20th 2024, 12:20
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The GLP supports the recommendations and initiatives of the parliamentary commission on the CS crisis. Nevertheless, the party is of the opinion that poor management cannot be regulated away.
Greed and obtuseness had led to the bank having to be rescued, said GLP party president Jürg Grossen (NR/BE) in a press release on Friday. Numerous Credit Suisse employees will have to pay for this with their jobs, he continued.
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