4 ms·
Any bet on these banks was very speculative. You had a huge upside if things worked out. Instead, you predictably lost the bet and still got paid some compens
by benjaminwootton 4y ago
Any bet on these banks was very speculative.
You had a huge upside if things worked out.
Instead, you predictably lost the bet and still got paid some compensation in the fire sale.
Not a bad play and not a bad outcome if you went in with your eyes open.
- mnadkvlb 4y agoI fully agree, no question about the risk. I would honestly have the investors lose it than depositors. The thing i am unhappy about, to reiterate myself, is bundling CS to UBS. I am invested in UBS as well, and guess what, i will lose way more on that investment due to this forced merger. If the govt. just unwound the assets slowly, it won't affect a relatively healthy bank, which was saved in 2008. I hope i am wrong, but i feel like ubs prices are gonna fall like a knife at the opening tomorrow, unless the SNB starts buying it.
- paganel 4y agoFrom a distance (I don't live in Switzerland and I'm not invested in any shares) this looks like a drowning man (CS) risking to drown its own "saviour" (UBS).