On the heels of a frantic weekend during which the Swiss government orchestrated a historic
Author: therealheisenberg
Book Closes On Credit Suisse After 167 Years
Going once, going twice, sold! For a princely CHF0.76. Credit Suisse was forced into the
Switzerland’s Plan B: Nationalizing Credit Suisse
To describe the shotgun wedding between UBS and Credit Suisse as “complex” would be to
Moment Of Truth Arrives For Fed In Crisis Mode
There was little utility in parsing the macroeconomic nuance ahead of this week’s FOMC meeting.
Putin Shows Up In Mariupol After Arrest Warrant Issued
A wanted man traveled to Ukraine this weekend. In a surprise move, Vladimir Putin showed
UBS Offers To Buy Credit Suisse For A Song In 2008 Echo
After 48 hours of what one certainly imagines were tense negotiations with Swiss authorities, UBS
Midsize Banks Request Full FDIC Pledge. White House Talks To Buffett
Evidently, America’s small- and midsize banks are still very concerned about deposit flight. In a
UBS Takeover Of Credit Suisse Seen Imminent
“I can’t imagine the Swiss authorities won’t do anything in the event of a real
Trump Says He’ll Be Arrested Tuesday
Donald Trump is going to be arrested on Tuesday. That’s according to Trump himself who,
China’s Economic Recovery Questioned As PBoC Retains Easing Bias
Allegedly, China’s economic recovery was going so well last month that Party officials were taken
2023 As Year Of The Recession-Causing Credit Crunch
The case for fear and, more to the point, recession, isn’t difficult to make now.
Arrest Warrant Issued For Putin
The International Criminal Court on Friday issued an arrest warrant for one “Mr. Vladimir Putin”
Maintaining The ‘Moral Hazard Bid’
Not even bank runs (and bank collapses) are sufficient to compel equity investors to capitulate.
Behind The Scenes Of An American Bank Panic
In “Signs Of The Financial Apocalypse”+ (and yes, the title was mostly tongue-in-cheek) I talked briefly
America’s Mood Was Already Worsening On Eve Of Bank Crisis
There wasn’t much to be gleaned about America’s still simmering bank crisis from the preliminary
Cash! The Government Kind
Investors rushed to safe cash over the past week like there was a pandemic afoot.
Signs Of The Financial Apocalypse
If you’re wondering whether recent events — and by “recent events” I mean bank runs,
First Republic Rescued, Dimon Met With Yellen
America’s top bankers and key government officials seemed pretty pleased with themselves in the US
Wall Street Rescues First Republic. Executives Sold Stock Before Collapse
The big guys (and Jane Fraser) came to the rescue for beleaguered First Republic, which
Nascent Housing Recovery Faces New Test In Regional Bank Crisis
Not surprisingly, US mortgage rates dropped over the last week alongside falling US yields. The
TikTok Gets A Biden Ultimatum
The never-ending TikTok soap opera may finally be nearing some manner of resolution, albeit not
ECB Forges Ahead Despite ‘Current Market Tensions’
They pre-committed. So, they followed through. Consistent with the forward guidance that accompanied the February
‘Everything Is Fine’: Saudis Suggest Credit Suisse Turmoil Was Misunderstanding
Yesterday, Ammar Al Khudairy was “absolutely not” going to invest another dollar (or riyal or
US Jobless Claims Plunge Most Since July
So much for the spike in US jobless claims. Last week, data showed initial filers
Bank Drama Hits GDP Forecasts As Goldman Cuts US Outlook
What a difference a few weeks makes. This time last month, market participants were convinced
Credit Suisse To Tap SNB For $54 Billion In Liquidity
Near the close of US trading on Wednesday, the SNB and the Swiss Financial Market
Credit Suisse In Talks With Swiss Government: Report
The Swiss government is in talks with Credit Suisse about options to shore up confidence
