Lehman Debacle 2? Credit Suisse Market Turmoil Deepens After CEO Memo Backfires (Credit Suisse’s CDS Now Higher Than During 2008-2009 Financial Crisis

New CEO Koerner sought to reassure employees in Friday memo Shares fall to a fresh record low, gauge of credit risk rises It is like the Lehman Brothers debacle in 2008 all over again. (Bloomberg) …