Episode
Duncan Mavin - Meltdown: Greed, Scandal, and the Collapse of Credit Suisse
- Podcast
- A Book with Legs
- Published
- Jul 21, 2025
- Duration seconds
- 5710
- Processing state
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Summary
In this episode, Cole Smead sits down with Bloomberg Editor Duncan Mavin to discuss his book, “Meltdown: Greed, Scandal, and the Collapse of Credit Suisse.” The two explore the founding of Credit Suisse and its morally questionable history, which found the bank involved in a long list of scandals, including the laundering of Nazi funds and stolen assets, banking relationships with drug dealers and dictators, and the incineration of holocaust related documents. They also cover the bank’s collapse in March of last year, one of the largest shocks to the banking industry since the 2008 crisis.