The Saudis want there databases and paying top dollar.
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The CEO Mr Lehmann is just letting it burn slowly.
​
The CDS are over 60% meaning basically a 60% chance of default.
​
Just last week there was $80 billion pulled from people worried. Just like what happened with FTX everyone pulled money and then booom collapse. Usually the shares go to nothing and then another bank buys them out for next to nothing like what happened in the GFC
haldoi t1_iycel0n wrote
Reply to Credit Suisse - Two months ago everyone thought they were doomed. Looks like they're not out of the woods yet.... by mortanious
Most of the staff have left.
​
The Saudis want there databases and paying top dollar.
​
The CEO Mr Lehmann is just letting it burn slowly.
​
The CDS are over 60% meaning basically a 60% chance of default.
​
Just last week there was $80 billion pulled from people worried. Just like what happened with FTX everyone pulled money and then booom collapse. Usually the shares go to nothing and then another bank buys them out for next to nothing like what happened in the GFC