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Credit Suisse's Surprise.

Authors :
Mollenkamp, Carrick
MacDonald, Alistair
Bart, Katharina
Source :
Wall Street Journal - Eastern Edition. 2/20/2008, Vol. 251 Issue 41, pC1-C2. 2p.
Publication Year :
2008

Abstract

The article discusses an announcement by Credit Suisse Group that it would take a $2.85 billion writedown on debt securities it holds. Simultaneously the firm suspended several of its traders. Chief executive Brady Dougan, who has sought to better control risk-taking at Credit Suisse, was said to be upset by the writedown.

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
41
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
29993533