4 Financial Stock Stories to Lure Investor Attention
Credit Suisse (NYSE:CS): Current price $27.18
In April 2009, Credit Suisse decided not only to delist three exchange traded notes, but also to not liquidate them. This decision seems to have allowed the firm to avoid having to return the money to the note-holders, and then to continue collecting fees on the ETNs. Earlier in February, Credit Suisse finally reported the repurchase of those ETNs along with a fourth one that was presumably delisted prior to Tuesday’s trading.
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