Credit Suisse now has a 47% chance of default, stock down 25% this morning.

[Detroit Wave]

cacs always destroying shyt

 

[bnew]

https://archive.is/xSxMv

 

[dora_da_destroyer]

They had a black person in one of their stock photos, should’ve known this would happen

 

[duckbutta]

 

[Harry Sax]

I hope the whole system burns

 

[Squirrel from Meteor Man]

It has to be bailed out at this point, but who will do it?

 

[bnew]

https://archive.is/rAOff

 

[dora_da_destroyer]

It has to be bailed out at this point, but who will do it?

That’s a Swiss bank, so they need to HYON

 

[Toe Jay Simpson]

Man ain’t nothing about to happen

 

[Scustin Bieburr]

Right now nothing specifically but at the rate these banks are failing it looks like more rough economic times ahead be ready.

It's amazing to me that this shyt keeps happening. The people who run these banks fight against the same legislation that prevents shyt like this from happening.

There is nothing more dangerous than excessive wealth. You can't convince me that being a millionaire isn't analogous to being a gambling addict or drug addict. Your ability to make rational decisions erodes over time the longer you stay rich and keep working. These guys fight against the regulation that prevents insane risk taking with huge amounts of money AND PROTECTS YOUR BANK FROM FAILING. It only makes sense when you think of these guys like drug addicts or alcoholics who lose their ability to make reasonable decisions.

If these banks get bailed out you've taught them to just keep doing the same thing and in less than 12 years we will be having the same discussion AGAIN.

 

[NaijaProdigy Redux]

Swiss government will bail them out if need be. The systemic risk they present is magnitudes higher than SVB.

Been a wild week at work for me.

 

[Gloxina]

that black CEO they harassed got the last laugh

I was running in here to say that! lol

 

[CouldntBeMeTho]

It's amazing to me that this shyt keeps happening. The people who run these banks fight against the same legislation that prevents shyt like this from happening.

There is nothing more dangerous than excessive wealth. You can't convince me that being a millionaire isn't analogous to being a gambling addict or drug addict. Your ability to make rational decisions erodes over time the longer you stay rich and keep working. These guys fight against the regulation that prevents insane risk taking with huge amounts of money AND PROTECTS YOUR BANK FROM FAILING. It only makes sense when you think of these guys like drug addicts or alcoholics who lose their ability to make reasonable decisions.

If these banks get bailed out you've taught them to just keep doing the same thing and in less than 12 years we will be having the same discussion AGAIN.

Relapse after relapse after relapse.

I agree 100% with this

 

[Malcolmxxx_23]

All these Banks are built on bonds
Take people money and make bad investments brehs
Interest rates up and these banks been hiding their bond losses since 2021

 

[bnew]

Swiss government will bail them out if need be. The systemic risk they present is magnitudes higher than SVB.

Been a wild week at work for me.

https://archive.is/moU61