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Credit Suisse Is Gonna Go Ahead And Cut Off Its Greensill Funds, Future Legal Liability

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As we have now discussed, at frankly relentless length, Credit Suisse spends more than enough time in courtrooms and legal professionals’ workplaces already. And has additionally, to its style, lost enough money on hifalutin investment funds not too long ago. So, given the slightly distressing issues it’s learning concerning the supply-chain finance agency whose merchandise make up just about all of 4 funds Credit Suisse sells to purchasers with the means to rent very costly legal professionals, and whose cash stated supply-chain finance agency depends upon to proceed, uh, financing provide chains, it’s going to go forward and start limiting its future legal liability.

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