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20
Financial Portfolio Shooter: UBS/Credit Suisse merger just wiped out $17 Billion in bank bonds, including $1 Billion held/owed to the Saudis. The type of bond is a risky, quick way to raise cash for banks. Oops! (archive.ph)
posted 2 years ago by GeneralBoobs 2 years ago by GeneralBoobs +20 / -0
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▲ 8 ▼
– Piroko 8 points 2 years ago +9 / -1

A bond that converts to equity when capital levels drop.

That's like, not a bond at all, it's a license for companies to perform badly and get away with it.

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▲ 6 ▼
– GeneralBoobs [S] 6 points 2 years ago +6 / -0

Stop noticing the hand reaching into your pocket and pay attention to the person distracting you, damn it!

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▲ -8 ▼
– TheImpossible1 -8 points 2 years ago +3 / -11

Holy shit, this is so bad it sounds deliberately done. AT1s are a huge lifeline for banks that can be used without spooking the average person.

https://www.finma.ch/de/finma/organisation/verwaltungsrat/

I might have fucking known.

Solanas’ masterwork was her SCUM Manifesto, which she wrote between 1965 and 1967. It envisioned a world without men, calling on “civic-minded, responsible, thrill-seeking females” to “overthrow the government -done-), eliminate the money system, institute complete automation and eliminate the male sex.”

I should really just post this quote of the goals of radical feminism every time there's a major news event. It is always relevant.

A war with the banks is an interesting move for them. I hope it's their Waterloo.

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▲ 8 ▼
– The_Shadow_of_Intent 8 points 2 years ago +8 / -0

Lol tune in next week for part II of Imp's coverage of the Females vs. Banks civil war

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▲ -5 ▼
– TheImpossible1 -5 points 2 years ago +2 / -7

Next week? You're too optimistic. I actually have a backlog of posts I meant to make, all because my desktop hasn't arrived.

I still haven't made the post on the FBI crime statistics showing that female on male crimes is increasing faster than any other category and I said I'd do that back in January.

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▲ 2 ▼
– The_Shadow_of_Intent 2 points 2 years ago +2 / -0

I still haven't made the post on the FBI crime statistics showing that female on male crimes is increasing faster than any other category and I said I'd do that back in January.

Wait a minute. This is intriguing. What is the current ratio of male-on-female crime vs female-on-male crime?

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▲ 1 ▼
– GeneralBoobs [S] 1 point 2 years ago +1 / -0

You need to show more evidence that women are behind the central digital currency to prove your point.

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