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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 8:48 pm to Catchfalaya
Posted on 3/19/23 at 8:48 pm to Catchfalaya
quote:
Because they just lost 75% of their value in credit Suisse due to the forced sale of Credit Suisse to UBS.
What was the value of a bank on the edge of failure?
0
Posted on 3/19/23 at 8:53 pm to Catchfalaya
Can someone in layman’s terms explain how the second largest bank in Switzerland was going to fail?
Posted on 3/19/23 at 8:58 pm to titmouse
quote:
Thankfully all my investments are in dinar.
I put mine in beef bullion. I think my advisor may be dyslexic.
Posted on 3/19/23 at 9:04 pm to Lightning
A ton of paper games going on across the globe. But is the root curse being addressed? What if everyone loses faith? It all hinges on everyone believing the facade, right?
This post was edited on 3/19/23 at 9:05 pm
Posted on 3/19/23 at 9:06 pm to TDFreak
No one believes in the game anymore.
Everyone is just hoping their Monopoly money lasts longer than anyone else's.
The gig is up.
Everyone is just hoping their Monopoly money lasts longer than anyone else's.
The gig is up.
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 9:12 pm to Catchfalaya
quote:
The west can just cancel your money at a moments notice
You mean like Making all kinds of promises, the then the next election a new President just comes in a changes everything making treaties and agreements worthless...
And we wonder why the ME doesn't like the USA.
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.
Posted on 3/19/23 at 9:19 pm to Lightning
This is not much different than what the US government did with JP Morgan & Bear Sterns. On Wednesday my value was 140 per share, Thursday it was 65.00 and on Saturday morning US government gave JP Morgan the bank for 2 dollars a share. After a week of highly volatile conversations the stock went to 10.00 per share offering.
Posted on 3/19/23 at 9:23 pm to GetmorewithLes
quote:
Since when did buying another company require a shareholder vote? Like never. Board, yes. That could happen in a matter of hours.
For once, I see we have an informed poster on this board.
Posted on 3/19/23 at 9:23 pm to Nosevens
Meanwhile, the POTUS and family are raking in Chinese Yaun!
Our government is dolling out YOUR tax dollars to the most corrupt government on Earth, and Putin is laughing all the way to the bank!
Our government is dolling out YOUR tax dollars to the most corrupt government on Earth, and Putin is laughing all the way to the bank!
Posted on 3/19/23 at 9:25 pm to BamaCoaster
This is sorta funny.
quote:
In January 2022, Antonio Horta-Osorio resigned as chairman for breaching COVID-19 rules, just eight months after he was hired to fix the ailing bank.
quote:
But it has emerged he breached Covid rules last year, including by attending the Wimbledon tennis finals.
Posted on 3/19/23 at 9:51 pm to Kreg Jennings
quote:
For once, I see we have an informed poster on this board.
quote:
Extraordinarily, the deal will not need the approval of shareholders after the Swiss government agreed to change the law to remove any uncertainty about the deal.
I mean… there is the statement saying that this acquisition normally would require shareholder approval.
Posted on 3/19/23 at 9:57 pm to loogaroo
quote:
What the hell is going on?
The West's financial might is being drained. War is no longer an "if" question.
Posted on 3/19/23 at 9:59 pm to BamaScoop
quote:
The global
Elites are planning a world war to prevent losing control.
Yes. Once one accepts this simple fact, everything becomes clear.
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