Credit Suisse is a sinking ship
What's everyone thoughts ? Will Switzerland back them when the time comes ? Is the too big to fail real here ?
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Maybe but Saudi won’t be bailing them out anymore.
190B in debt, worthless assets and negative income… I’m afraid nothing can save them anymore
If CS falls can imagine it will be the nail on the coffin given the sheer size of it and what is currently happening across the Atlantic... Probably no other way than to bail them out by the swiss government if it gets that dire.
Crédit Suisse soon joining Lehman Brothers and Bear Stearns up there 🫡
Does the Swiss government even have the capacity? ($$)
Come on America, wake up !!!!!
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