Bank bailout could cost Swiss taxpayers billions Bloomberg

Every man, woman, and child could be on the hook for $13,500, the news outlet has calculated

Switzerland's decision to rescue failing investment bank Credit Suisse could be a major burden for the nation's taxpayers, according to Bloomberg calculations.

The Swiss government has pledged to absorb 9 billion Swiss francs ($9.7 billion) of the bank's losses and provide a 100 billion-franc ($108