Sunday, October 02, 2022 4:15:31 PM
Axel Lehmann...small world.
DEBIT SWISS and not CREDIT SWISS, is the proper name
Credit Suisse has $1.5 trillion of assets under management and the share price has crashed This could be that “Lehman Brothers” type moment. Something to keep an eye on next week and beyond #creditsuisse
Market cap of $CS is now a rounding error. 35x leverage. This and Deutsche Bank…a canary in coal mine. CDS on Credit Suisse now at GFC highs.
Famous Swiss Bank #CreditSuisse down 95% since 2007.
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