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Swiss Re gets fined by Swiss stock exchange

27 January 2010

The sanction commission of Six Swiss Exchange, Switzerland’s stock exchange, has imposed a fine on Swiss Re.

Read more: swiss re six swiss exchange fannie mae freddie mac

The sanction commission of Six Swiss Exchange, Switzerland’s stock exchange, has imposed a SFr50,000 ($48,000) fine on Swiss Re. The commission says Swiss Re had announced in mid-2008 its risk exposure to bonds of the US mortgage finance companies Freddie Mac and Fannie Mae too...


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If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield