1.) Credit Suisse issues a 'less then $1' price target on $AMC
2.) CREDIT SUISSE GROUP DEFAULT SWAPS HIT RECORD AMID SVB FALLOUT
3.)🤣🤣🤣🤣🤣🤣🤣🤣🤣
Bey bye Credit Suisse. Heard you are insolvent! While #AMC is on fire 🔥🔥🔥 Apes are winning 🦍🦍🦍
Breaking Market News
@financialjuice
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39m
SWISS DEPARTMENT OF FINANCE: AUTHORITY FOR SUPERVISION FINMA IS CAREFULLY WATCHING CREDIT SUISSE.
Credit Suisse default insurance is off the charts.
As you may have heard recently, Credit Suisse is in trouble. Deep Trouble.
Question is, can they—will they—seize customer deposits to pay off creditors in a bankruptcy restructuring?
Time for a Bankruptcy 🧵👇
Bloomberg
@business
JUST IN: The cost of insuring Credit Suisse bonds against default climbs to the highest on record as SVB collapse sparks concern about broader contagion in the banking industry
So what happens when a non-American bank collapses. Maybe Credit Suisse?
Pfiser banking concearns
VB US scrubs social media and website
SVB UK sold to HSBC for £1
Credit Suisse shares drop to all-time low
Signature Bank fails
Western Alliance Bank down 62%
First Republic Bank down 66%
NYSE Halts Trading at Charles Schwab
The problem for Credit Suisse (and others like it) is that it cannot cover deposit flight by borrowing in money markets. It can only go to the Swiss National Bank, in effect for a second bail out.
Will the SNB play ball?
#CreditSuisse delayed releasing their FY report on Saturday at the last moment for some questioning on financial statements by SEC.
But as scepticism on banking space grows especially from US, the more they delay releasing financials, more their stock price soars.
Looks like it's gonna be credit Suisse first and then DB next..
Deutsch Bank imploding
Credit Suisse $CS largest shareholder Blackrock has sold its entire stake in the bank.
How long before Credit Suisse (and possibly DeutscheBank) see their last payday?
The Federal Reserve says: "US Banks remain resilient & are on sound footing.
Sounds awfully like these pearls of wisdom:
Jim Cramer: "Bear Stearns is fine" days before they collapsed.
Credit Suisse: "Strong capital & liquidity position" days before default swaps skyrocketed.
🚨BREAKING NEWS🚨
Emergency Fed Meeting Announced for 03/13/2022 Monday
Credit Suisse is at Critical Moment
Lehman Brothers = Credit Suisse 2022?
Credit Suisse Has $1.5Trillion ($1,500,000,000,000) of Assets Under Management & the Share Price has Crashed
Margin Calls
Mayhem In US Bank Stocks
Credit Suisse $CS Down 10%
First Foundation $FFWM Down 19%
Bank of America $BAC Down 7.5%
Zion BankCorp $ZION 44.1%
Regions Financial $RF Down 22.3%, Halted For Volatility
Wells Fargo $WFC Down 6.5%
BancFirst $BANF Down 7%
Entire KM financial system about to collapse with Credit Suisse the likely first domino
t may be worth noting that the Fed has the exact same asset/liability problem that SVB did…
If the Fed goes "broke", it means that WE are broke…
We are one more bank failure away from emergency rate cuts.
so if rates were hiked to stop inflation, how do you not get inflation with 300 billion in printed money?
Covid 19 vaccine is deflationairy
Signature Bank Sued for 'Substantially Facilitating' FTX Comingling
Signature "knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet," according to a court filing.
Crypto-friendly bank Signature Bank (SBNY) faces a putative class-action lawsuit for its involvement in the operations of the now-failed cryptocurrency exchange FTX.
Statistica Capital, an algorithmic trading firm, and Statistica Ltd. claim the bank "had actual knowledge of and substantially facilitated the now-infamous FTX fraud," according to a filing in the U.S. District Court for the Southern District of New York dated Feb. 6. "In particular, Signature knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet."
Statistica says it advised Signature the funds were meant for FTX, but the bank allowed it to be transferred to accounts controlled by Alameda Research, the trading firm owned by FTX founder Sam Bankman-Fried.
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It was the revelation of the blurry lines between FTX and its supposedly separate sister firm Alameda that brought about FTX's swift downfall, having first been exposed by CoinDesk in early November.
FTX was one of the bank’s clients,
https://www.coindesk.com/business/2023/02/07/signature-bank-sued-for-substantially-facilitating-ftx-comingling/
40000 ft view
Petro dollar system
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Setup oil system in the Middle East
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Become dependent on foreign oil
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Create an event to remove the peg to gold
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Petrodollar, full fiat
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Destroy manufacturing, move it out of the country
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New system enslaves the people
Green New Deal
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Setup mineral mining and production in Africa and China
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Destroy energy independence in US
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Increase Fuel Prices
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Become dependent on China for solar panels, wind turbines and batteries
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Create events to move us from fossil fuel to electric, eg. Gas ovens, emissions, to expensive to keep gas powered car
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Companies push agenda, Blue states push agenda
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New system enslaves people
Great Reset
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Setup a CBDC
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Control gold, silver, demonize Bitcoin
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Inflation used to destroy old fiat system
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Fed raises rates to destroy old system
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Event needed to move people from fiat to CBDC
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Destroy banks, part of old system
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Old system fragile convince the people the CBDC would protect their wealth
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News system enslaves, controls and punishes the people
Trump
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US Federal Reserve is a privately-owned company, sitting on its very own patch of land, immune to the US laws.
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1929 Crash coming
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Gold will destroy the Fed
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Fed restructuring
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Andrew Jackson destroyed the [CB], the people were behind him
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Trump, the people are behind him
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Put an end to the endless
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Never interfere with an enemy while they are in the process of destroying themselves
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Third [CB] destroyed