Bailout Arrives: Credit Suisse To Borrow $54BN From SNB To "Pre-emptively Strengthen Liquidity"

Two hours after we posted the story about Dr. Metzler’s assessment of the CS situation the bank got 54 Billion in a bailout last night (https://www.zerohedge.com/markets/credit-suisse-sparks-global-de-risking-after-top-investor-bails). So things are certainly on a knifes edge…the Swiss Nat Bank received over 9 billion from the Federal reserve through the swap lines last October (https://www.encouragingangels.org/new-blog/2022/10/28/r2vyps2nevcf9wpyi7l7lbpm3mfbka).

So CS and the powers that be may have satisfied the wolves today but for how long?

Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.