π₯ THE BAILOUTS ARE STARTINGβ¦ NOW!! π₯ - AMC Stock Short Squeeze Update
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Links;
https://www.reuters.com/business/finance/exclusive-credit-suisse-weighs-options-strengthen-capital-sources-2022-05-30/
https://www.reuters.com/business/finance/ubs-credit-suisse-make-further-progress-emergency-plans-regulator-2022-03-24/
https://www.newsmax.com/finance/streettalk/u-s-inflation-president-biden-federal-reserve-chairman-jerome-powell-monetary-and-fiscal-policies/2022/05/31/id/1072218/
The bailouts are starting now and it seems that Credit Suisse could be the first bank to receive a bailout. So far this is only expected to be a $1bn bailout from internal shareholders, but this was a tactic many UK banks employed back in 2008 to avoid Government bailouts!
Credit Suisse is trying to Bolster liquidity and both CS and UBS have been planning for a liquidation, and how the bank can continue its duties while being liquidated.
AS a result of the FED moving so slowly, inflation has spiralled out of control and the market is plummeting, it wont be long until these large institutions end up being margin called.
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