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Annual Review 2008 - Hyposwiss Privatbank AG

Annual Review 2008 - Hyposwiss Privatbank AG

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Idyllic view from Rigi, Cantons of Lucerne/Schwyz<br />

2 September 1806 saw one of the worst natural disasters ever to<br />

hit Switzerland. On Rossberg, in the Canton of Schwyz, huge<br />

masses of rock came loose and thundered down into the valley.<br />

The landslide covered an area of some 6.5 km². The villages of<br />

Goldau and Röthen were buried, and the surface of the nearby<br />

Lake Lauerz shrank by a seventh. Eyewitnesses reported that<br />

the landslide triggered a 20-metre-high tidal wave. A tsunami<br />

in a mountain lake! Two hundred years later, the traces of<br />

the rockslide can still be seen. But as we know, time heals all<br />

wounds. New life has emerged from the wreckage of the<br />

debris over the past two centuries. And on some days, the veil<br />

of cloud overhanging the valley is positively idyllic.

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