DhairyaVed OP t1_jef8jjl wrote on March 31, 2023 at 4:06 PM Reply to comment by frobinhood in In Credit Suisse bank take over why were bondholder not get paid but shareholders did get paid? by DhairyaVed the logic is bond holder are always paid before shareholder Permalink Parent 1
DhairyaVed OP t1_jeeyscr wrote on March 31, 2023 at 3:02 PM Reply to comment by tophaj in In Credit Suisse bank take over why were bondholder not get paid but shareholders did get paid? by DhairyaVed so any bank can just wipe off the bond any time they are not able to pay the depositor Permalink Parent 0
In Credit Suisse bank take over why were bondholder not get paid but shareholders did get paid? Submitted by DhairyaVed t3_127ngmn on March 31, 2023 at 2:36 PM in wallstreetbets 12 comments 6
DhairyaVed OP t1_jef8jjl wrote
Reply to comment by frobinhood in In Credit Suisse bank take over why were bondholder not get paid but shareholders did get paid? by DhairyaVed
the logic is bond holder are always paid before shareholder