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Credit Suisse Is in Deep Trouble

submitted by Spaceman84 to news 2.6 yearsOct 2, 2022 20:32:10 ago (+4/-0)     (www.thestreet.com)

https://www.thestreet.com/.amp/investing/credit-suisse-is-in-deep-trouble



8 comments block

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[ - ] deleted 2 points 2.6 yearsOct 2, 2022 21:24:18 ago (+2/-0)

deleted

[ - ] Spaceman84 [op] 0 points 2.6 yearsOct 2, 2022 22:12:27 ago (+0/-0)

I seem to recall junk securities being a problem last time as well.

[ - ] Fascinus 1 point 2.6 yearsOct 2, 2022 20:44:22 ago (+1/-0)

[ - ] Thatguy 0 points 2.6 yearsOct 2, 2022 20:51:51 ago (+0/-0)

Banks are going to fall like dominos in October with no bailouts in sight. Their only hope is nuclear war. War fixes everything, right?

[ - ] La_Chalupacabra 3 points 2.6 yearsOct 2, 2022 21:02:07 ago (+3/-0)

Bail-ins is more like it.

[ - ] Thatguy 2 points 2.6 yearsOct 2, 2022 21:10:44 ago (+2/-0)

That sounds like having zero balances on my credit cards, go to bed and wake up the next morning and find I owe $10,000 on all my cards now.

[ - ] Sector7 1 point 2.6 yearsOct 2, 2022 21:17:03 ago (+1/-0)

Plus overdraft fees.

[ - ] GeneralDisarray 0 points 2.6 yearsOct 2, 2022 22:47:29 ago (+0/-0)

It actually means that they take all the deposits from everyone's accounts and pay their debts with your money!

They can't actually just sign you up for debt.