If anyone is curious about why they fought in the first place, apart from work rivalry, I came across an article that explains. It is because Khan bought the house next to Thiam and leveled it. Took his sweet time, 2 years or so, to build a new house. I can see how continuous construction for two years can be very annoying.
Credit Suisse scandal shakes Zurich’s elite
21–30 of 96 posts
Re: Credit Suisse scandal shakes Zurich’s elite
#22Earlier quoted context omitted.
The CEO of Credit Suisse was accused of hiring an investigator to follow around a former executive who went to rival UBS. The "scandal" is that Swiss bankers are supposed to be too Swiss to do such things. The irony is that neither the CEO nor the executive are actually Swiss because high finance these days knows no nation.
The COO got fired as well.
Actually, to my knowledge, the COO is the only one that got fired. The narrative says that he hired the detectives by its own initiative, without informing the CEO or any other members of the board.
Re: Credit Suisse scandal shakes Zurich’s elite
#23An apt reminder that we're all just meat bags at the end of the day.
Re: Credit Suisse scandal shakes Zurich’s elite
#24"It’s not just that power shifts from one country to another, from one political party to another, from one business model to another, it’s this: Power is decaying" - Moises Naim [The End of Power] The book basically says, it is becoming easier to get power, harder to use it to control others and harder to keep it once you have it.
Well when America vacuums up power if you are a European nation without any ammo you better watch out.
Are you advocating for remilitarizing Germany, an American invasion of Europe, or a second amendment right to Hoovers?
In any event, definitely don't vacuum up ammo. It's bad for the vacuum at a minimum.
Re: Credit Suisse scandal shakes Zurich’s elite
#25"It’s not just that power shifts from one country to another, from one political party to another, from one business model to another, it’s this: Power is decaying" - Moises Naim [The End of Power] The book basically says, it is becoming easier to get power, harder to use it to control others and harder to keep it once you have it.
> easier to get power, harder to use it to control others and harder to keep it once you have it.
curious - if it's harder to use/keep, how is it actually 'power'?
Re: Credit Suisse scandal shakes Zurich’s elite
#26Earlier quoted context omitted.
Well when America vacuums up power if you are a European nation without any ammo you better watch out.
Are you advocating for remilitarizing Germany, an American invasion of Europe, or a second amendment right to Hoovers? In any event, definitely don't vacuum up ammo. It's bad for the vacuum at a minimum.
He's saying that we're too use to kill each other in Europe, and we need some external power as middleman to keep heads cool, which is true.
Just before the Ukranian war started I thought another war in Europe was nearly impossible. And here we are.
Re: Credit Suisse scandal shakes Zurich’s elite
#27Here’s [1] an article about JPMorgan doing similar employee surveillance starting in 2009.
[1] https://www.bloomberg.com/features/2018-palantir-peter-thiel...
Re: Credit Suisse scandal shakes Zurich’s elite
#28Earlier quoted context omitted.
Well when America vacuums up power if you are a European nation without any ammo you better watch out.
Are you advocating for remilitarizing Germany, an American invasion of Europe, or a second amendment right to Hoovers? In any event, definitely don't vacuum up ammo. It's bad for the vacuum at a minimum.
Remilitarizing Germany makes sense. We can't punish this generation for past sins.
Re: Credit Suisse scandal shakes Zurich’s elite
#29The Vatican was raided a few weeks ago at the same time AG Barr was visited the Italian intelligence minister. I would bet money this is related somehow.
Re: Credit Suisse scandal shakes Zurich’s elite
#30An apt reminder that we're all just meat bags at the end of the day.
Yeah, I'm not including myself with entitled man-children that throw a tantrum when their garden is impugned. This is more of a reminder that our rulers are less ethical, less self-disciplined, and less wise than the average Joe. Why? Because they can be.