Fine Print Is Never Clear. Just Ask Credit Suisse Bondholders
The prospectus language for the risky bonds being written down in Credit Suisse’s rescue is imprecise. That provides ammunition for legal challenges.
The prospectus language for the risky bonds being written down in Credit Suisse’s rescue is imprecise. That provides ammunition for legal challenges.
First on the chopping block: the fixed-income unit.
With real estate prices still elevated and borrowing costs high, paying the monthly mortgage outpaces rent more than it has since before the financial crisis.