Credit Suisse, the sixth biggest bank in the world, is on the cusp of becoming insolvement after it was revealed that it had 'material weakness' on their balance sheet. To make matters worse, Robert Kiyosaki, the man who predicted the fall of Lehman Brothers has now come out and predicted that Credit Suisse will suffer the same fate. So, is he right?
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source:
Credit Suisse shares fall to all-time low as bank confirms 'material weaknesses' | Daily Mail Online