How does a bank unload some of its riskiest assets?
Zurich, Switzerland-based Credit Suisse has come up with an interesting idea. Use them as bonuses for senior executives.
Bloomberg news service has a story today about such a plan.
Could U.S. banks employ such an idea?
One Comment
WAMU, Countrywide, Merrill Lynch etc etc etc shoul do the same. As they fire their executives they should hand them bags of garbage and say “enjoy your bonus/severence”