credit suisse group AG’s New Look Investment Bank, CS First Boston, Was Considered
To help bail out the lender, Instead, it may be too early it’s fall,
Swiss bank, buffet over the years Missteps and Scams, had a choice last year: raise even more billions in new stock to close its scandal-plagued investment bank, or carve out the best parts and try to make money. It went for the second option, and miscalculated investors’ willingness to give it another shot.