Template:Disaster roll - Credit Suisse: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "{{subst:Disaster roll - FTX}}")
 
No edit summary
Line 1: Line 1:
[[FTX]]/[[Sam Bankman-Fried]]|| 2022 || US ||  $32bn (so far) || Hubris, stupidity, fraud || '''Fired''': Gary Wang, Caroline Ellison, SBF Fired.<br>'''Bankruptcies''': Alameda, Genesis, Blockfi.<br>'''Suspensions of trading''': Gemini<br>'''Reported Losses''': Crypto.com, Tiger Global Management, the Ontario Teachers' Pension Plan, SoftBank Group, BlackRock, Lightspeed Venture Partners, Temasek, and Sequoia Capital reported losses of $1bn || Charged with wire fraud  conspiracy to commit securities fraud, money laundering, conspiracy to defraud the U.S., violation of campaign finance laws.
[[Credit Suisse]] || Switzerland || Gradual decline into entropy with a 92% decline in share price since 2015 || Hubris, incompetent management, stupidity, spying, uselessness || Billions and billions over a series of avoidable cockups || Like the old man in Monty Python and the Holy Grail, “I’m not dead. I think I’m going for a walk. I feel happy.” Market (to SNB): “Isn’t there anything you can do?”

Revision as of 09:08, 17 March 2023

Credit Suisse || Switzerland || Gradual decline into entropy with a 92% decline in share price since 2015 || Hubris, incompetent management, stupidity, spying, uselessness || Billions and billions over a series of avoidable cockups || Like the old man in Monty Python and the Holy Grail, “I’m not dead. I think I’m going for a walk. I feel happy.” Market (to SNB): “Isn’t there anything you can do?”

Retrieved from "https://jollycontrarian.com/index.php?title=Template:Disaster_roll_-_Credit_Suisse&oldid=72429"