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Template:M intro disaster Archegos: Difference between revisions
→The broker that didn’t bark in the night-time
Amwelladmin (talk | contribs) (Created page with "On July 29, 2021 the Credit Suisse Special Committee to the Board of Directors presented its {{credit suisse archegos report}} to the board and, for reasons known only to the board,<ref>''What on Earth did they think they would achieve by releasing this report?'' It caused ''another'' precipitous drop in the firm’s stock price — nearly four percent — to go with the twenty percent drop it suffered when news of the default first broke.</ref> they published to it to t...") |
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===The broker that didn’t bark in the night-time=== | ===The broker that didn’t bark in the night-time=== | ||
Time for some more theatre. | Time for some more theatre, courtesy of our old favourite, {{Otto}}. | ||
{{Quote| | {{Quote|{{dkt nothing from nothing}} | ||
:— {{buchstein}}: {{br|Talentdämmerung}}, I, iii}} | |||
What follows is heavily derivative and based on assumptions and extrapolations from a single footnote and may — most likely is, in fact — entirely mistaken. Nevertheless, even if it is, it illustrates an interesting hypothetical. | What follows is heavily derivative and based on assumptions and extrapolations from a single footnote and may — most likely is, in fact — entirely mistaken. Nevertheless, even if it is, it illustrates an interesting hypothetical. | ||
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*[[Fraud]] risk | *[[Fraud]] risk | ||
*Poor risk management practices and procedures | *Poor risk management practices and procedures | ||