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As enthusiastic as I get about the Swiss culture I'm not one to justify the banking industry anywhere. I concur with you with the observation it is conveniently difficult to return deposits to people or entities that no longer exists. Many civil actions have occurred since and some of the wealth was returned to descendants, creditors and governments. More recently the countries of Eastern and Southern Europe had a choice between currencies when they refinanced, the Swiss Frank being much more stable than their own volatile currencies many chose to use the SF, when their own currencies were devalued many of those loans went into foreclosure. You will find Swiss Bankers in every viable market in the world one acquaintance runs operations out of Hong Kong as an example.
Then there is this.
Probably long forgotten but there was an expression at one time " You aren't SF unless you have"
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"It is because they have so much to give and give it so lavishly...that men love the mountains and go back to them again and again." Sir Francis Younghusband
Essayons
By Dand
"In the school of the wilds,there is no graduation day"Horace Kephart
Last edited by Golf1echo; 06-10-2016 at 13:02.
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