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Notes From the Fieldby Martin Weil

May 20, 2015

“thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou…”

600 of them in an email from a Credit Suisse lawyer to the US Department of Labor for the latter’s decision to allow CS to avoid notifying its pension clients that the bank had plead guilty to conspiring to help US investors avoid income taxes and was levied with a record $2.6B fine.

As a result, the bank was able to remain in the US pension business.

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