I’m just going to leave this here…. Remember: Bond traders are the smart money and they will blow CDS spreads out in a heartbeat to […]
Day: March 19, 2023
Credit Suisse becomes Béar Stéarns: UBS Reportedly Acquires Company for 75 Centimes per Share
UPDATE: 15:18 ET- From the press conference in Switzerland the price is actually 75 centimes per share or about $3 billion. The headline has been […]
About Trump’s Arrest Story: He Lied Again
I know, I know, shocking, right? Former President of the United States Trump lied to the American people and his cult again after setting off […]
The Banking Crisis is A LOT Worse than Reported Earlier
Now you can panic. Just about 3 hours ago, I reported on the letter from the mid-sized banks to the FDCI basically asking for a […]