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Podcast: New Books in Economic and Business History
Episode: Duncan Mavin, "Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse" (Pegasus Books, 2024)
Description: Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse (Pegasus Books, 2024) is a great business history book. It meticulously chronicles the story of a large and once revered Swiss Bank, Credit Suisse, from its foundation in 1856 until how a series of scandals, driven by a culture of greed and entitlement among its bankers, led to the bank´s ultimate collapses in March 2023. The narrative also explores the bank's international expansion, particularly its partnership with First Boston in the United States.Meltdown is not just a history of Credit Suisse but a broader investigation into the systemic issues of g...