Credit Suisse foresees $4.7 bil charge over hedge fund default

Same greedy business models and same putting of profit before prudence. Plus clearly CS must be less capable than the other banks that got out of this drama almost unscathed. As for Arch Egos - run by a proven scumbag - poor the family losing a ton of money.

I wonder how much in bonuses those 2 banking executives pocketed while they handled this destructive deal.