Don't tell that to the class litigation lawyers preparing to recover some of the lost $17.2B bond holders sustained by wiping out their class of bonds in 'Capital Stack' restructuring:
"David Benamou, chief investment officer at Axiom Alternative Investments and a holder of Credit Suisse AT1 bonds, told CNBC on Tuesday that he would be joining the lawsuit along with, he imagined, "probably most bondholders."
California-based law firm Quinn Emanuel Urquhart & Sullivan said Monday that it had put together a "multi-jurisdictional team of lawyers from Switzerland, the U.S. and the U.K." following the rescue deal."