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Started By
Message
re: Swiss Government Just Stole All The Saudis Interest In Credit Suisse
Posted on 3/19/23 at 9:09 pm to Catchfalaya
Posted on 3/19/23 at 9:09 pm to Catchfalaya
quote:
The west can just cancel your money at a moments notice
How is a shareholder’s money “cancelled” in an acquisition? The financial ignorance on this board rivals the crypto-tards on the money board.
Posted on 3/19/23 at 9:15 pm to cwill
Credit Suisse shareholders are getting UBS shares that will equate to ~60% of what they were worth on Friday.
40% of their money got “canceled.”
Could it have been 100% if the bank collapsed? Could Credit Suisse have recovered like they claim they could have? Lots of unanswered questions, but CS shareholders are losing money.
40% of their money got “canceled.”
Could it have been 100% if the bank collapsed? Could Credit Suisse have recovered like they claim they could have? Lots of unanswered questions, but CS shareholders are losing money.
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