Market rumor that Credit Suisse may go belly up

[BigBlackCock]

"In June 2022, the Federal Criminal Court in Switzerland found Credit Suisse and one of its former employees guilty of failing to prevent money-laundering by an alleged Bulgarian drug trafficking ring during the period from 2004 to 2008".

https://www.cnbc.com/2022/06/27/cre...edit Suisse case,of it stuffed into suitcases.

 

[eatshitndie]

looks like swiss gov may step in to help.

 

[winners]

Credit Suisse will soon have to be renamed to Debit Suisse.

Is Credit Suisse Like Lehman?:​

 

[syed putra]

So i guess we just have to wait a while before swiss girls starts to flood the market.

 

[CoffeeAhSoh]

If one big bank fails, it will cause a domino effect and confidence will be shaken, resulting in a bank-run everywhere, causing the already bad economy to worsen further......watch this space.

On another note, limpeh has a question. If the bank you took a home loan from goes bankrupt, does that mean no need to pay mortgage anymore ?

Tiagong , if the bank fails , the home belongs to you. No more payment

 

[creampie]

Tiagong , if the bank fails , the home belongs to you. No more payment

Hahaha this is truly coffeeshop talk. The liquidators of the bank will take over and continue to demand repayment from the banks debtors

 

[Pinkieslut]

 

[Charlie99]

If one big bank fails, it will cause a domino effect and confidence will be shaken, resulting in a bank-run everywhere, causing the already bad economy to worsen further......watch this space.

On another note, limpeh has a question. If the bank you took a home loan from goes bankrupt, does that mean no need to pay mortgage anymore ?

The borrowers and debtors have to pay the bank (lender), or the appointed Liquidator of the bank.

 

[Dr Christopher Cheok C S]

CDS worsened at Credit Suisse

 

[Patriotmissile]

I suggest jinx acquire CS. Then, install General Ng YC to be Ceo.

 

[laksaboy]

I suggest jinx acquire CS. Then, install General Ng YC to be Ceo.

Maybe Temasek had already invested in Credit Suisse, you are witnessing the inevitable jinxing now.

 

[cockie]

Everything jinx touches turns to dust. They were dommed the moment her cursed cheebye faced them

She can sing the “Queen” song…. “Another bite the bust”…..

 

[syed putra]

If one big bank fails, it will cause a domino effect and confidence will be shaken, resulting in a bank-run everywhere, causing the already bad economy to worsen further......watch this space.

On another note, limpeh has a question. If the bank you took a home loan from goes bankrupt, does that mean no need to pay mortgage anymore ?

Once liquidators are appointed, they will go after boorrowers.

 

[birdie69]

Maybe Temasek had already invested in Credit Suisse, you are witnessing the inevitable jinxing now.

No worry, it would not hit the income of the reserves if Temasek had invested in Credit Suisse and incur only few hundred millions or billions dollars losses.

 

[Dr Christopher Cheok C S]

Credit Suisse Losses deepens
https://www.wsj.com/articles/credit-suisse-cs-q4-earnings-report-2022-11675925966

Credit Suisse poses massive annual loss
https://www.cnbc.com/2023/02/09/cre...oss-as-radical-restructure-gets-underway.html

 

[Loofydralb]

Another one which went bankrupt in 2007 not long after she invested $700m was ABC Education in Australia.

Not long you say!!

That 'not long' is 2 weeks!!! Mutha fucking bitch!

 

[Dr Christopher Cheok C S]

Regulators Probe If Chairman Lied About "Stabilizing" Outflows​

https://www.reuters.com/business/fi...suisse-chairmans-comments-sources-2023-02-20/

 

[syed putra]

Nestle being in french part of switzerland probably did their banking with credit suisse,

 

[Merl Haggard]

Folks take out your popcorn, beer and watch out for Credit Suisse collapse tonight.

 

[Merl Haggard]

If SVB is insolvent and so is everyone else. Long read, but illuminating on what can be expected on SVB's collapse.



https://www.sovereignman.com/trends/if-svb-is-insolvent-so-is-everyone-else-146244/