Swiss Government Plans To Lock Away Secrets On Credit Suisse Collapse for 50 Years

July 19, 2023

by Pam Martens and Russ Martens Wall Street on Parade

The “Deep State” is increasingly feeling like the “Deep Banking State.” Try to get any meaningful information to unravel the corrupt and dangerous interconnections between global banking behemoths today and some government or other entity has slapped a padlock on the information.

The latest example is the Swiss Parliamentary Commission of Inquiry that is delving into the collapse in March of the second largest global bank in Switzerland – Credit Suisse. The Commission has announced that it plans to lock away the details of its findings for 50 years. (UBS, the largest global bank in Switzerland, bought the crumbling remains of Credit Suisse earlier this year.)

Reuters reported that the Swiss Parliamentary Commission of Inquiry is also requiring that “All persons participating in the meetings and the questioning are subject to the duty of secrecy, not only the members of the commission, but also the interviewees themselves.”