I think credit suisse will be Lehman brothers of this decade. Bailout is close to impossible in this economy.
How is a bailout impossible
Economy is already in trouble. Free money is going to make it worse.
It's about whether letting a bank fail would be worse than bailing it out and the answer is yes. So a bailout is more likely than complete collapse. Refer to the central bank intervention in the UK that saved pension funds last week.
People said that about Deutsch bank and then survived
Isn’t Deutsche bank on life support
Will be bailed out
Is This Another Lehman Brothers? No, says Mohamed El-Erian. Paul J. Davies at Bloomberg doesn’t think so either. Charlie Gasparino at Fox Business, a reliable barometer of the Wall Street elite, says the mood among top bankers is that the situation is “not as dire” as speculation would make it out to be. Could they be wrong? Sure. But that brings up another question: If Credit Suisse were to fail, would it really be that bad? There’s reason to doubt it would be as bad as the collapse of Lehman: That decision was made in a very different era. Since the George W. Bush administration, banks have gotten better at holding more capital in case of unexpected financial calamity. They submit plans to the Federal Reserve detailing their potential unwinding. The Fed now has experience in handling these kinds of bailouts, and for all the tough talk coming out of the Fed nowadays about inflation, it’s very unlikely that the central bank would let another large bank take down the whole financial system
Too big to fall
Yes, It will survive.
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Credit Suisse sure looking like Credit Sus
susshh
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