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re: Latest Updates: Russia-Ukraine Conflict
Posted on 3/2/22 at 4:08 pm to FCP
Posted on 3/2/22 at 4:08 pm to FCP
The execs at Credit Suisse should have their assets seized and be put in jail.
Credit Suisse caught trying to shred evidence of loans to Russian oligarchs backed by superyachts and private jets
According to reports in the Financial Times, the Swiss credit institute has quietly been offloading risks from its exposure to U.S.-sanctioned Russian oligarchs, after this group was responsible in 2017 and 2018 for a third of the defaults on yacht and private jet loans the bank extended.
Hedge funds and other investors that bought securitized portfolios of these deals, backed by the ultra-luxury status items, were asked in a letter this week to “destroy and permanently erase” any evidence of the transaction, the paper reported.
“I don’t think we’ve ever had a request like this,” it quoted one investor, who received the letter.
Credit Suisse caught trying to shred evidence of loans to Russian oligarchs backed by superyachts and private jets
According to reports in the Financial Times, the Swiss credit institute has quietly been offloading risks from its exposure to U.S.-sanctioned Russian oligarchs, after this group was responsible in 2017 and 2018 for a third of the defaults on yacht and private jet loans the bank extended.
Hedge funds and other investors that bought securitized portfolios of these deals, backed by the ultra-luxury status items, were asked in a letter this week to “destroy and permanently erase” any evidence of the transaction, the paper reported.
“I don’t think we’ve ever had a request like this,” it quoted one investor, who received the letter.
1
Posted on 3/2/22 at 4:08 pm to H2O Tiger
quote:
It's Martial Law genius
It's a longstanding OT joke, champ
Posted on 3/2/22 at 4:08 pm to Jim Rockford
quote:
Horrible conversation with the deputy mayor of Mariupol. Says residential areas heavily bombed, including his father's neighbourhood. "The situation is awful, we are near to a humanitarian catastrophe. We have been under more than 15 hours of continuous shelling without pause."
They gave the evac order to the city saying that they would ramp up their shelling after they had the city cut off. I guess they meant it. They did allow people to leave, no telling how many did, though.
Posted on 3/2/22 at 4:09 pm to lowspark12
*Martian
Posted on 3/2/22 at 4:09 pm to H2O Tiger
Marshall.
Posted on 3/2/22 at 4:10 pm to FCP
Clearly
Posted on 3/2/22 at 4:10 pm to MrLSU
quote:
The Germans just seized Russian billionaire Alisher Usmanov's 512-foot yacht. These Russian billionaires must be losing their shite right now. This ship is worth over $800 million dollars.
Could stuff like this be considered an act of war? Serious question.
Posted on 3/2/22 at 4:10 pm to MrLSU
quote:
Alisher Usmanov's 512-foot yacht
Any of you baws got the 2 foot-itis and gonna bid on this at auction?
Posted on 3/2/22 at 4:10 pm to MrLSU
quote:
The Germans just seized Russian billionaire Alisher Usmanov's 512-foot yacht.
This is still the OT right?
So can I let slip that I gave him a damn good deal on that boat when I sold it after I upgraded?
Posted on 3/2/22 at 4:10 pm to MrLSU
for a country with only 1 warm water port the Russians sure do love their super yachts
Posted on 3/2/22 at 4:11 pm to H2O Tiger
quote:
It's Martial Law genius
Marshull
Posted on 3/2/22 at 4:11 pm to Obtuse1
quote:
Any of you baws got the 2 foot-itis and gonna bid on this at auction?
Sure, I could use a spare.
Posted on 3/2/22 at 4:11 pm to J Murdah
Bitches love boats
Posted on 3/2/22 at 4:11 pm to Jim Rockford
The fact Putin is willing to indiscriminately bomb civilian areas worries me what else he will do.
It’s one thing to target military strategic locations but to just level cities and kill a ton of civilians for no reason means he has reached madman status. He has no way out at this point because he is committing severe war crimes.
It’s one thing to target military strategic locations but to just level cities and kill a ton of civilians for no reason means he has reached madman status. He has no way out at this point because he is committing severe war crimes.
Posted on 3/2/22 at 4:12 pm to FCP
quote:
quote:
*Marshal
*Marshall
We are Martial.
Posted on 3/2/22 at 4:12 pm to LegendInMyMind
Marghschull?
Posted on 3/2/22 at 4:12 pm to J Murdah
quote:
for a country with only 1 warm water port the Russians sure do love their super yachts
The beauty of boats is that you can move them all over the place
Posted on 3/2/22 at 4:12 pm to Thracken13
quote:
Marghschull?
Marital law.
Posted on 3/2/22 at 4:13 pm to LegendInMyMind
90% of the Globe is looking to seize these Russian Superyachts right now.
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