SVP-Giezendanner also lost a lot of money in the CS debacle

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In the program ‘Talk daily’, former SVP National Council member Ulrich Giezendanner (69) unpacks his unpleasant experiences of the past few days. The ex-director of Giezendanner Transport AG has lost a lot of money: 200,000 francs were lost due to the CS debacle.

He feels like an entrepreneur Hausileuteegger (83). He told Blick this week that he had lost the stock of a Porsche.

‘Of course it’s my own fault’

In November, when Credit Suisse’s share price fell inexorably, Giezendanner sold almost all of its shares, he explains in an interview. But with the Saudi deal, he regained some hope in the bank and bought 100,000 new shares at a price of CHF 2.52 each.

“Of course it’s my own fault,” Giezendanner says self-critically afterwards. Anyone who owns shares is at risk. “But if Finma and Karin Keller-Sutter had played a pure role, CS shareholders would have lost nothing,” he says. Finma has totally failed in its oversight and the head of the National Bank, Thomas Jordan, is not a businessman. “Otherwise he wouldn’t have sold the CS so cheaply.”

Despite all his criticism of the authorities, according to the SVP man, those responsible can be found at the bank. “To me, Mr. Rohner is a robber.” He means Urs Rohner (63), the former chairman of the bank’s board of directors. He, the other Credit Suisse board members and CEOs are the main culprits in the debacle. There are “crooks and robbers” at work who would have used.

Criticism of Ueli Maurer

Although the SVPer believes that CS would not have survived without the takeover by UBS: But you didn’t just know that on March 17. “The Bundesrat should have known that in January at the latest,” said Giezendanner. And this is how SVP federal councilor Ueli Maurer (72) also makes a party member lose his fat: “He should have oriented himself.”

The fact that the former finance minister told SRF at the end of the year that CS and UBS should simply be left alone for a year or two has already received a lot of criticism. (she)

Source:Blick