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Roubini Says Credit Suisse Might Be 'Too Big to Be Saved'
maybe Roubini is short CS ?
$CS Credit Suisse in Crisis: Can It Survive?
This has sat at 2.80-3.04 for a month. That's the flip zone. They got other problems. Take the green, say thank you and Next!
That's all fine and dandy, but after watching Lehman brothers, and Washington mutual, I need more than that.
Like regulators firm statement, they will step in if needed. Which happened.
Looks like you're sitting pretty, as of now. Tomorrow should be a lot of fun watching your account balance climb.
Gltu
Looking good!
Tomorrow should rip!
CS 2.29 SQUEEZE STARTED 3:30 ON MASSIVE VOLUME
The Swiss statement
The Swiss National Bank said Wednesday that Credit Suisse is currently well capitalized but that the central bank will provide additional liquidity if necessary.
In a statement from the the Swiss Financial Market Supervisory Authority (FINMA) and the SNB said that Credit Suisse “meets the capital and liquidity requirements imposed on systemically important banks” and that the central bank will step in if the situation changes. The regulators also said that the failure of two U.S. regional banks in the past week does not pose a “direct risk of contagion” to Swiss banks.
The statement comes after the Swiss-listed shares of Credit Suisse fell more than 20% on Wednesday. The bank had previously delayed its annual report and said Tuesday that it found “material weakness” in its financial reporting in prior years.
Additionally, the Saudi National Bank — which is Credit Suisse’s biggest financial backer — said it could not provide additional capital to the company because of a regulatory issue. The Saudi bank’s chairman did say that his group was happy with Credit Suisse’s transformation plan and that the firm’s financial position appeared strong.
The American depository receipts of Credit Suisse pared their losses after the announcement from regulators to about 14% for the session.
Concur, started a bite @ 2.13
Cheers
We all said that LOL.
I CAN'T BELIEVE I WENT LONG THIS POS AT $1.94.... BUT THE SWISS GOVERNMENT SAID IT WOULD PROVIDE LIQUIDITY SO I WILL TAKE A CHANCE DOWN HERE!!!!!!
Credit Suisse shares are trading lower only after Saudi Arabia's SNB said it cannot provide further money to the bank because it cannot go above 10% ownership. THAT'S IT! People overreact all the time; especially over money.
Do you have any idea how many companies and influential individuals would be affected by the collapse of CS and how it would affect Switzerland? NO WAY that govt would ever let ANYTHING fail with that bank. Easy decision to buy at $2.
Nice gap tomorrow morn IMO
Nothing "easy" about it... That's why regulators are involved. Definitely not an
"alleged scare"... It's clearly legit.
Yes, good news.
Could pop pretty hard. Stay glued to the information.
Easy recovery for CS from this alleged scare.
Yep. That's the news we wanted. "If needed' even better. as they think, for now, not needed. Should pop hard now through tomorrow
Regulator just said they will provide liquidity if necessary.
I'd be happy with $2.50... but that's just me currently, with news and looking at the chart.
Of course, everything can change in a split second with the next piece of information.
This one's currently to tough to gage for me. Risk vs reward doesn't look good enough.
Swiss regulator to make a statement very soon. Stay tuned!!
Gltu
It's a gamble. If pops back towards $3 I'll flip. also liberal stop
Very possibly, but this might end up costing to much, and needing reorganization.
Definitely will be interesting to see the outcome.
Printing presses around the world are overheating. Which will of course lead to more trouble down the road.
The world financial ponzi, will always be a circle of boom and bust.
Yay moodys at it again
Swiss are gonna prop it up.
This is will very likely rock markets, and spread contagion in a major way, if it collapses.
2023 looks like it will be one for the history books.
Call Charlie sheen, Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt!! An epic new movie being written as we speak!
in 1.99 on Government prop up talks for trade
Short the hell out of Credit Suisse Group.
This short scamming sheep herder of a bank is toast.
No more borrowed fiat money to short with.
The U.S. Federal Reserve Bank that's owned by London is
insolvent and has been for some time.
Yellen is just a puppet as the Federal Reserve is gone.
They control nothing like the soon to be IRS.
We no longer are going to pay income taxes or any other tax
to the Queen or King or London Rothchilds. It's over for filing taxes, period.
The people say NO to Janet as the Feds no longer control of the people.
The U.S. Treasury holds the Gold, Silver and Precious Metals. Not the privately owned Fed.
JEEEZZE i sure hope so
Absolutely,few big lies came about $2.50-$2.70 should be the bottom....MGMT SHOULD GET A SHAKE-UP CALL VERY SOON !!!!!
Credit Suisse Crashes To All-Time Low After Regulators Probe If Chairman Lied About "Stabilizing" Outflows
https://www.zerohedge.com/markets/credit-suisse-crashes-fresh-record-lows-after-regulators-probe-if-chairman-lied-about
2.94
-0.08 (-2.65%)
Cheers
Yes!!! It looks like the PPS will go down much more,we could see $ 2.00 or about !!! I believe there is a SELL SIGN ON THE STOCK
CREDIT SUISSE BANK RUN??? SOLVENCY ISSUES??????
OH MY!!!!!!!
Credit Suisse warns of more losses after sliding deep into the red
https://www.reuters.com/business/finance/credit-suisse-logs-worst-annual-loss-since-global-financial-crisis-2023-02-09/
Mar 17 $3.90 Calls @ $0.20 up 60%
In CS "Lottery" Mar 17 $3.90 Calls @ $0.13
$CS -Three, Two, One, Done! RUN
Gold is the standard once again. MSM is keeping it hidden from the public that the Fiat Petrol Dollar is worthless. Soon we all will know.
Gesara Nesara
FED, we have a problem: Gold is the standard!
Here in NC regionals like First Citizens Bank already closing down locations, consolidating to others, yet nothing in local media about it...???
They already are and keeping it hidden. All Central Banks.
Credit Suisse warns of potential profitability drop
https://finance.yahoo.com/news/credit-suisse-warns-potential-profitability-090720956.html
Are they going bankrupt finally here?
Crossed $6.66 support. Good Bye Credit Suisse (CS)
Heading for the basement was a matter of time!
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