Credit Suisse cleaning up. Determined that BND should not see...

Credit Suisse cleaning up. Determined  that BND should not see the light of day again.

http://www.businessspectator.com.au/news/2015/1/20/mergers-acquisitions/bandanna-sale-moves-forward

These days more money to be made by banks shorting and destroying companies than by lending to them with low interest rates and taxpayer backed derivative bets.


How is it that C.S when only a secured creditor over Springsure can call the shots over the whole company and all other unsecured assets.
With ASIC's blessing no doubt.