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> But will they close the positions? Yes. There will be hundreds to thousands of job losses, for sure. > Closing CS’s trading arm could reshape the entire US
by elliotec 4y ago
> But will they close the positions?
Yes. There will be hundreds to thousands of job losses, for sure.
> Closing CS’s trading arm could reshape the entire US trading arm over night.
Yes, it could and it will.
This is one of those things where we can try to tell one another to be prepared, but how?
- weard_beard 4y agoI didn’t mean job positions. I meant their exposure to long term derivatives called swaps. Their positions in relation to stocks. I see how my comment could be taken either way though!