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Credit Suisse Is Gonna Go Ahead And Cut Off Its Greensill Funds, Future Legal Liability

As we have discussed, at frankly relentless length, Credit Suisse spends more than enough time in courtrooms and lawyers’ offices already. And has also, to its taste, lost enough money on hifalutin investment funds recently. So, given the rather distressing things it’s learning about the supply-chain finance firm whose products make up pretty much all of four funds Credit Suisse sells to clients with the means to hire very expensive lawyers, and whose money said supply-chain finance firm relies upon to continue, uh, financing supply chains, it’s going to go ahead and start limiting its future legal liability.