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 […]
Tag: CREDIT SUISSE
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 […]
The Crash is Happening, Just not Where You Think
The past week in equities can best be described as “barfworthy” at best. But it’s not the crash, the capitulation, the bald guy screaming they […]
Is Credit Suisse the European Bear Stearns Canary in the Coal Mine?
2008 was just so much fun. We all learned that even when a stock has been halved because they over-speculated in risky mortgage backed instruments, […]