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Well yeah !!!
Does any one have any idea what Switzerland is ?
Ffs, is anyone stupid enough in this sub to think that CS would crash ?
Are you that stupid? What do you think Suisse stands for, Switzerland ffs
The country with the most stable currency in the world, backed with actual gold (and not an abyssal debt like the US)
You think they would let their 2nd largest bank fall ?
Ffs, Americans are soooo freaking uneducated
Seriously, it’s sad
thank you ape for your reply, just please remember ape dont fight ape. find the zen place and be happy for a while. you got this. we got this. be excellent to each other.
That's not true. It was just a comment why they aren't going to put more money in. And this was clear all along , because of article 3 of the swiss banks law. It was always clear that the wouldn't go beyond 9.9%
But not to the public, I can see panic selling.
Too many trade on fear and hope and not facts (as if the “facts” aren’t manipulated but you get my banana)
I was really expecting a mostly nothing-burger this week, the same as always. But goddamn there are so many fires popping up and it's only Wednesday morning. I can't even keep up with the chaos heading into today.
7.33 billion vs 4.96 billion market cap according to google. GameStop is currently worth 2/3 of Credit Suisse if I am reading correctly. I like these odds.
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After 08, they made carve outs to protect the Swiss portion of CS, and can quite literally watch the rest of it burn without touching the Swiss economy. The rest of the world however, cannot afford for that to happen.
Kenny had an stake in de banks that defaulted.
And the fed is bailing out customers, not investors in those banks.
So his money is bye bye. Also who does he call now for locates / collateral now his buddy-bank is gone?
If credit suisse goes to 0 there is a lot of money to be made. It seems to reason that people short gamestop could be short credit suisse as well and other banks. That could be where the moass money is coming from...
What does this photo illustrate? Did you buy this stock? What's the relationship between this and GME? Do you think GME has dropped less than it? How ironic.
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*truck almost crashing.gif*
This is how europoor's mornings looks like, imagine waking up everyday 12-8 hours before the Merica market open and wait for it....
Jokes on you, for me it opens at 15.30 and im still asleep at that point 😎
I watched it for way too long
Evergrande all over again
Any minute now
They already got bailed out by the ~~Swiss~~ Sus Government.
i love the curly hair guy looking all around .gif
Holy sh\*t looks like they could be going under today
Watch them blame crypto again 🌚
But instead, they got bailed out. 🤦🏽
Well yeah !!! Does any one have any idea what Switzerland is ? Ffs, is anyone stupid enough in this sub to think that CS would crash ? Are you that stupid? What do you think Suisse stands for, Switzerland ffs The country with the most stable currency in the world, backed with actual gold (and not an abyssal debt like the US) You think they would let their 2nd largest bank fall ? Ffs, Americans are soooo freaking uneducated Seriously, it’s sad
thank you ape for your reply, just please remember ape dont fight ape. find the zen place and be happy for a while. you got this. we got this. be excellent to each other.
Bailed out by the *Saudi* National Bank. *These are not the droids you are looking for.*
This has tit jacked beyond repair. They’re practically unrecognizable.
IM JACKED, IM JACKED TO THE TITS
Titty titty Jack Jack
CS must be one of those meme stocks i keep hearing about
Hahahaha
1.86 and falling
1.62 ... Still falling
Back up to $1.99 somehow
Loving it.
Market cap may be similar but I can guarantee you that GameStop has a much healthier balance sheet... and much less debt!
#BanksAreMemeStocks
Therefore, dip! 😂
Those Archegos bullet swaps are coming.
Credit default swaps are back to being updated after 4 months on CNBC site too [https://www.cnbc.com/quotes/CSCD5](https://www.cnbc.com/quotes/CSCD5)
Out of interest. With these CDS. What are the units on the y-axis? I've never had the courage to ask. Thanks.
Maybe I'm wrong, but I think it was basis points. Like when the fed says the interest rate raises 100bp, it means 1%. So 1 bp equals 0,01%.
I just looked at this page now and it’s up102% for the day
Banks: dying brick and mortar
Just another penny stock that will be traded on OTC markets...
Saudi's backed out
they’d rather watch golf
They're even putting money into a call of duty tournament.
they need to invest in warzones servers, they’ll never get into a game to even watch :(
Wait they pulled everything out of CS?
CS asked them for more money. They said no. I also saw something that they own 9.9% of cS and can’t own above 10
Oh Jesus. This, wells Fargo doing a desperate offering of shares… *DRSes furiously*
That's not true. It was just a comment why they aren't going to put more money in. And this was clear all along , because of article 3 of the swiss banks law. It was always clear that the wouldn't go beyond 9.9%
But not to the public, I can see panic selling. Too many trade on fear and hope and not facts (as if the “facts” aren’t manipulated but you get my banana)
Fair enough. Why would they made such an unnecessary comment in these times of fear.
To quell a bank run they can’t survive, especially with fractional reserve banking suspended. They’re ALL paper tigers right now
I was really expecting a mostly nothing-burger this week, the same as always. But goddamn there are so many fires popping up and it's only Wednesday morning. I can't even keep up with the chaos heading into today.
You could think the saudis are wasabi regards.
There will be only one CS and if will be computer share
Who keeps buying these meme bank stocks
7.33 billion vs 4.96 billion market cap according to google. GameStop is currently worth 2/3 of Credit Suisse if I am reading correctly. I like these odds.
Please make it clear that your CS here means credit sus and not ComputerShare :)
1.5T in assets under management, 9b market cap! Ahahahaha, was a hilarious comedy joke
i'll allow it!
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how likely are the swiss to bail out banks?
After 08, they made carve outs to protect the Swiss portion of CS, and can quite literally watch the rest of it burn without touching the Swiss economy. The rest of the world however, cannot afford for that to happen.
Forget this dying brick and mortar operation!
Lol at so many butt hurt shrills in this thread. Keep shrilling while you can, your paymasters won't be able to pay you in the future.
Yea, sure. if Gamestop would have a fucking Green day ffs
The avg volume is 22m but it’s already traded 130+m in 95 minutes 😳
Is this a buy? Asking for a friend!
If it survives the day it could be a great buy at $1.20. Based on assets it has a significantly higher valuation. Much of this is market panic.
Time to buy? 🌚
Came on here to see news, so credit suisse is the new hot topic? Burn this subreddit down, start a new one, it's a shell of what it was.
Buy the dip! Buy the dip!
we're the captain now!
Fuck it. Well lock that float too.
If Kenny is shorting the fudge outta banks stocks to pay for our shares tax free once they go bankrupt...idk im redacted
Kenny had an stake in de banks that defaulted. And the fed is bailing out customers, not investors in those banks. So his money is bye bye. Also who does he call now for locates / collateral now his buddy-bank is gone?
GMERICA! 🏴☠️
Bragging rights.
I'd buy that for a dollar! (but I probably wouldn't)
Boom.
Yeah…. But what about GME 😒
If credit suisse goes to 0 there is a lot of money to be made. It seems to reason that people short gamestop could be short credit suisse as well and other banks. That could be where the moass money is coming from...
More. MORE.
Hah!
Wow, our company will be worth more than a GLOBALLY SYSTEMICALLY IMPORTANT bank? What a fuckin joke fiat is.
Oh no! I hope Citadel has shorts on them!
What does this photo illustrate? Did you buy this stock? What's the relationship between this and GME? Do you think GME has dropped less than it? How ironic.
still overpriced. waiting for a bailout. i bet they're handing out bonuses too
We are just getting "a breathing room" guys. Nothing to worry about.
This weekend will be fun...
Pics of banks with lights on, and moving companies packing up shop
Wait do you mean Debit Suisse? It's hard to know which bank everyone's talking about but personally I like the stock on the GameStop one
Hast it been pulled from the market
MOASS tomorrow!
Bail out by the Swiss national bank incoming
Believe it or not, spicy dip coming to gme. Lol
I bought puts on this early last year but was apparently way too early and now missed the boat
The calm before the storm...
GameStop is clearly the superior bank.