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(CNBC)   Contrary to the doomsday scenario Twitter and the internet freaked you out about over the weekend: Credit Suisse and Deutsche Bank won't be collapsing... today   (cnbc.com) divider line
    More: PSA, Monetary policy, Central bank, Federal Reserve System, Money supply, Komal Sri-Kumar, Interest rate, Credit Suisse's financial health, credit event  
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314 clicks; posted to Business » on 03 Oct 2022 at 9:35 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



8 Comments     (+0 »)
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2022-10-03 9:52:40 AM  
Stop that!!

Everyone on fark knows only blockchain/crypto fails, not banks.
 
2022-10-03 10:17:04 AM  

Linux_Yes: Stop that!!

Everyone on fark knows only blockchain/crypto fails, not banks.


Credit Suisse and Deutsche Bank are likely too big to fail.
 
2022-10-03 10:35:20 AM  

AmbassadorBooze: Linux_Yes: Stop that!!

Everyone on fark knows only blockchain/crypto fails, not banks.

Credit Suisse and Deutsche Bank are likely too big to fail.


Here comes that free public money.....
 
2022-10-03 10:53:36 AM  
I am just glad I am not a billionaire with a lot of money tied up to DB.

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2022-10-03 11:14:56 AM  

AmbassadorBooze: Linux_Yes: Stop that!!

Everyone on fark knows only blockchain/crypto fails, not banks.

Credit Suisse and Deutsche Bank are likely too big to fail.


They are too evil to fail. There are enough compromised people to make sure they never go under.
 
2022-10-03 11:43:30 AM  
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2022-10-03 12:27:29 PM  
Twitter was freaking out about an "emergency Fed meeting" this afternoon.

It's not. It's a regular meeting of the financial stability oversight council, which happens every 3 months. The last meeting was in July. It's likely that Credit Suisse will be discussed of course.

I don't think Credit Suisse as a company is doomed. But its US operations and/or its investment bank might be.
 
2022-10-03 12:33:00 PM  

dumbobruni: Twitter was freaking out about an "emergency Fed meeting" this afternoon.

It's not. It's a regular meeting of the financial stability oversight council, which happens every 3 months. The last meeting was in July. It's likely that Credit Suisse will be discussed of course.

I don't think Credit Suisse as a company is doomed. But its US operations and/or its investment bank might be.


They have financial data on the elites.  They will be fine.  If anything is actually wrong, it will get bailed out by taxpayers.

Problem solved.
 
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