/biz/ - Business & Finance

Anonymous Tue Jun 14 16:41:36 2022 No.49638441 [View]
File: 94 KB, 1620x334, Screen Shot 2022-06-14 at 11.40.11 AM.png [View same] [iqdb] [saucenao] [google]

>>49638254
Didn't mean to green text the whole thing, but point still stands. Credit Suisse from their Archegos exposure and the rest of tiger cubs from their direct short exposure are about to blowup.
CS is in the news in a big way, these news articles are not drama pieces, they're leading indicators.
https://news.yahoo.com/credit-suisse-director-fired-nyc-210028888.html
https://www.ft.com/content/0caa0690-1020-40b8-83bf-1db27afe9ed6
https://www.reuters.com/business/uks-fca-puts-credit-suisse-watchlist-need-stricter-supervision-ft-2022-06-12/
https://www.cnn.com/2022/06/08/investing/credit-suisse-q2-profit-warning/index.html
https://www.ft.com/content/e51e08a3-30ee-4a91-85e5-c8844e3480a5
CS takeover, buyout, and acquisition rumors are only relevant right now because everyone knows they are insolvent and looking for somebody to buy them.

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/biz/ - Business & Finance

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