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Is Credit Suisse a Canary in the Financial Industry Coal Mine?

Though recent flubs dominate headlines, the Swiss giant’s real mistake may have been trying to compete with Wall Street in the first place.

A shuttered bank in the ghost town of Rockerville, South Dakota, near Mount Rushmore. (Peter Unger/Getty Images)
A shuttered bank in the ghost town of Rockerville, South Dakota, near Mount Rushmore. (Peter Unger/Getty Images)