Political opposition to bank bailout growing in Switzerland ...News

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Political opposition to bank bailout growing in Switzerland
The government is assessing a range of options to rescue Credit Suisse Switzerland’s conservative Swiss People’s Party disagrees with the government plan to rescue the country’s second largest bank, Credit Suisse, a representative of the party, which is the country’s largest, said on Thursday.    “The government shouldn’t give Credit Suisse a state guarantee,” a member of the party’s leadership team, Thomas Matter, said, adding that “the Swiss National Bank was responsible for providing liquidity to Credit Suisse, and the SNB has acted.”    Meanwhile, a spokesman for Switzerland’s second-largest party, the Social

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