[huntertwo]

Most of their compensation does not come from salaries - especially at the exec level. Nor is Credit Suisse going down going to affect normal people or the greater economy. This is not a win for execs, this is a way to placate employees despite half their bonuses disappearing.

[olliej]

Large financial institutions have failed in the past, and history has shown us that the people at the top usually land on their feet, with piles of money and assets.

Whereas everyone then finds out their employer lost their retirement fund, and has to sell their homes, etc.

So I think people are reasonably concerned about how a bunch of execs screwing up if going impact that non-millionaires.

[GalenErso]

> Nor is Credit Suisse going down going to affect normal people or the greater economy.

Really? They have 50,000 employees and two million clients.

[adventured]

The global economy will barely blink at that, so long as what's taking Credit Suisse down isn't a more widespread issue (and it doesn't appear to be).

Most of those clients will simply move to another bank as needed, there are better alternatives.

[pixl97]

The real question is, is how widespread is the problem. 2008 taught us there is no bottom to worse.