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Date Posted: 16:02:20 3/15/23 Wed
Author: Jasper
Subject: As I posted this am, if and when tshtf the gov/fed will backstop all.

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Credit Suisse And Equity Markets Teeter On The Brink

I was planning on publishing a different piece on something else this morning, but given the news over the last half hour I figured I would pen a quick note about the impending Credit Suisse mess.

For those that haven’t read, the distressed bank’s biggest shareholder, Saudi National Bank, which is 37% owned by the kingdom's sovereign wealth fund, has publicly ruled out further investment for the bank.

https://www.zerohedge.com/news/2023-03-15/credit-suisse-and-equity-markets-teeter-brink

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