Gamestop Corporation (GME)

[DR_rugby]

After the tide goes out we can sometimes see the news of who had been caught by the boat being too close to shore

https://www.msn.com/en-us/money/other/ubs-to-wind-down-investment-vehicle-hit-by-first-brands-collapse-report/ar-AA1PWGIz

Looks like a margin call is going down and they are selling an asset used as collateral that is now being devalued

And they have been selling srt teir 1 bonds too like what they liquidated when CS was sold and they defaulted now they are going back to the well

https://www.swissinfo.ch/eng/ubs-plans-srt-deal-out-of-program-inherited-from-credit-suisse/89779620

Those margin calls and cash grab will then be used to cover the default credit swaps and other financial instruments that they have developed and many others who have issued these deals may issue similar reports in other languages

GLTA