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Credit Suisse

 
Anonymous Coward
User ID: 84458828
Canada
03/20/2023 11:57 PM
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Credit Suisse
What happened to the bonds? !7B to 0 with the stroke of a pen?

Is it fair that they wiped the shareholders out of the equation?

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Nexus-9

User ID: 85155997
United States
03/21/2023 12:01 AM
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Re: Credit Suisse
Bond holders get repaid first, but considering bond holders are getting a hair cut, share holders will be left holding the bag.

Last Edited by Nexus-9 on 03/21/2023 12:01 AM
"Fiery the Angels rose, & as they rose deep thunder roll'd
Around their shores: indignant burning with the fires of Orc" - William Blake, America a Prophecy
(...also misquoted in Blade Runner by Roy Batty)

"Tempus est optimus iudex" - "Time is the best judge"

"The very word "'secrecy'" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings." - John F. Kennedy, New York City, April 27, 1961
Anonymous Coward (OP)
User ID: 84458828
Canada
03/21/2023 12:07 AM
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Re: Credit Suisse
Bond holders get repaid first, but considering bond holders are getting a hair cut, share holders will be left holding the bag.
 Quoting: Nexus-9


CS is at .87C a share now.

Uncanny - a few months ago CS predicted that AMC would go down to .95C a share.





GLP