Swissair has been in trouble for a while now, but on September 30, they went into intense discussions with the Swiss government in attempt to deal with impending bankruptcy brought on by the worldwide passenger slump following the WTC attack. However, the final solution will involve Switzerland’s major banks, notably UBS and Credit Suisse:
<q>‘We think that it wouldn’t be right for the government to participate in a solution, and we don’t think that it would be necessary,‘ UBS Chairman Marcel... [More]