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Credit Suisse scandal shakes Zurich’s elite

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71–80 of 96 posts

Re: Credit Suisse scandal shakes Zurich’s elite

#71
post #53

Earlier quoted context omitted.

And then there is pharma, high tech and companies like Logitech. Switzerland is doing just fine.

Just out of curiosity, which Swiss-grown high-tech is there? I know only of Sauber Group.

There are lots, you just never hear of them, because those are "only" small to medium sized companies.

Re: Credit Suisse scandal shakes Zurich’s elite

#72
post #70
post #31

Earlier quoted context omitted.

Iqbal Khan is Swiss

The op meant "culturally Swiss", which is clearly not the case based on his behavior. It's not enough to just be born in a country to be considered culturally similar.

Are you suggesting that “culturally Swiss” people never engage in inappropriate behavior, unlike people from “other cultures”? Why not end the dog whistling and say what you’re thinking out loud?

Re: Credit Suisse scandal shakes Zurich’s elite

#73
post #53

Earlier quoted context omitted.

Just out of curiosity, which Swiss-grown high-tech is there? I know only of Sauber Group.

There are lots, you just never hear of them, because those are "only" small to medium sized companies.

That's one, also the founders tend to be quite modest.

Re: Credit Suisse scandal shakes Zurich’s elite

#74
post #35
post #25

Earlier quoted context omitted.

> 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'?

You have power but so do a lot of other people. You use your power to serve your best interests, but people with equal or greater power are also acting in their best interests and sometimes that means your power and their power clashes. When that happens, you don’t always get the result you want, but maybe neither of you gets the results you want. Maybe what ends up happening is some kind of canceling out of your res…

Thats a very good answer. Requires one further piece.

Cancellation of competing power occurs as Interconnections Increase. The more connected the world gets the more power bumps into each other.

For anyone interested in addition to End of Power, another good book is Niall Ferguson's The Square and the Tower. It tells the story through different moments in history of what happens to Power(Hierarchies) when they get connected to the Network.

Re: Credit Suisse scandal shakes Zurich’s elite

#75

Earlier quoted context omitted.

Money may make you powerful in some context, but being powerful doesn't make you a ruler.

power implies a degree of control over something , one doesnt need to have 'serfs' to be a ruler of some sort, i am the ruler of my raspberry pi, it will do what i say, and i am in control of it

The original question was about what would qualify somebody as "our ruler". I certainly don't see how I am ruled by a Credit Suisse executive, or how I would be ruled by such an executive even as a Schweitzer.

Re: Credit Suisse scandal shakes Zurich’s elite

#76
post #23

An 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.

It’s not far cry from a developer receiving an unwanted and negative code review. Hurt ego is hurt ego

Re: Credit Suisse scandal shakes Zurich’s elite

#77
post #70

Earlier quoted context omitted.

The op meant "culturally Swiss", which is clearly not the case based on his behavior. It's not enough to just be born in a country to be considered culturally similar.

Are you suggesting that “culturally Swiss” people never engage in inappropriate behavior, unlike people from “other cultures”? Why not end the dog whistling and say what you’re thinking out loud?

Just goes to show that anything is racist if you're woke enough. I (and the OP) was clearly alluding to the "platonic ideal" of a Swiss: a person so above board they would never even contemplate anything untoward.

Re: Credit Suisse scandal shakes Zurich’s elite

#78
post #53

Earlier quoted context omitted.

And then there is pharma, high tech and companies like Logitech. Switzerland is doing just fine.

Just out of curiosity, which Swiss-grown high-tech is there? I know only of Sauber Group.

Here is a swiss manufacturer. A run-of-the-mill company with $1/2 billion in annual sales in a high margin, high tech area.

https://www.maxongroup.com/maxon/view/content/product-overvi...

Re: Credit Suisse scandal shakes Zurich’s elite

#79
post #77

Earlier quoted context omitted.

Are you suggesting that “culturally Swiss” people never engage in inappropriate behavior, unlike people from “other cultures”? Why not end the dog whistling and say what you’re thinking out loud?

Just goes to show that anything is racist if you're woke enough. I (and the OP) was clearly alluding to the "platonic ideal" of a Swiss: a person so above board they would never even contemplate anything untoward.

Sounds like the platonic ideal of a Brit, or an American, or any other nationality.

Re: Credit Suisse scandal shakes Zurich’s elite

#80
post #44
post #42

Earlier quoted context omitted.

Switzerland has some of the largest corporations in the world in the pharmaceutical industry, and they're by far leaders in the watchmaking industry. Banking isn't the only business they rely on.

I know about Basel and its pharma industry that is still top-notch, but as for banking they seem to go down rather quickly even if the effect is not going to be felt for the next decade outside negative interest rates. As for watches, I am not sure that is very relevant since smartphones, outside quickly converting expensive watches into cash while on the run from authorities...

> ...as for banking they seem to go down rather quickly...

I do think that Switzerland might have a problem with banks soon or later, but currently I don't see such situation clearly developing (rather more in Germany with Commerzbank & Deutsche Bank?).

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