Home Articles Forum Wiki Poll Garden Contact

 
 
 
  
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
 
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

  Australian Politics Forum › General Discussion › Europe › Too big to fail, yet too big to save!
‹ Previous Topic | Next Topic ›
Page Index Toggle Pages: 1
Send Topic Print
Too big to fail, yet too big to save! (Read 299 times)
Nom de Plume
Gold Member
*****
Offline


Australian Politics

Posts: 676
Too big to fail, yet too big to save!
Mar 16th, 2023 at 10:33am  
Credit Suisse has been described as such a bank by Dr Doom.

https://fortune.com/2023/03/15/dr-doom-nouriel-roubini-contagion-spread-globally
-regional-banks-credit-suisse-svb/
Back to top
« Last Edit: Mar 16th, 2023 at 10:43am by Nom de Plume »  
 
IP Logged
 
Dnarever
Gold Member
*****
Offline


Australian Politics

Posts: 61642
Here
Gender: male
Re: Too big to fail, yet too big to save!
Reply #1 - Mar 16th, 2023 at 12:12pm  
Nom de Plume wrote on Mar 16th, 2023 at 10:33am:
Credit Suisse has been described as such a bank by Dr Doom.

https://fortune.com/2023/03/15/dr-doom-nouriel-roubini-contagion-spread-globally...

Back to top
 
 
IP Logged
 
Nom de Plume
Gold Member
*****
Offline


Australian Politics

Posts: 676
Re: Too big to fail, yet too big to save!
Reply #2 - Mar 16th, 2023 at 1:41pm  
So, the ECB has done a bit of a ring around with major European banks to get a feel for the level of exposure they have to Credit Suisse... Oh to be a fly on the wall!

Anyways, as a consequence the ECB will provide a line of credit to the tune of 54 Billion!
Back to top
 
 
IP Logged
 
Nom de Plume
Gold Member
*****
Offline


Australian Politics

Posts: 676
Re: Too big to fail, yet too big to save!
Reply #3 - Mar 16th, 2023 at 1:50pm  
I do wonder why the ECB is bailing out Credit Suisse given that the SNB offered to help out.
Back to top
 
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print
‹ Previous Topic | Next Topic ›
 
 

  « Forum ‹ Board Top of this page

Australian Politics Forum » Powered by YaBB 2.5.2!
YaBB Forum Software © 2000-2026. All Rights Reserved.

Valid RSS Valid XHTML Valid CSS Powered by Perl Source Forge