She dreamed of becoming Minister of Finance, and one can wonder today if she bites her fingers. After taking over this year the key position of great financier, endowed with the power to sink or validate the expenses of her six colleagues in the Federal Council, Karin Keller-Sutter is struggling with a sudden crisis, the Credit Suisse fiasco. In mid-March, the liberal-radical had to activate the emergency procedure, push the other big bank UBS to buy out its eternal rival on the brink, and make available 109 billion francs in guarantees. A jackpot that the National Council rejected this week, at the instigation of the Greens, the Socialists and the UDC. The decision should remain without legal effect, emergency legislation obliges. But it deprives the minister and the government of parliamentary consent.
