US Treasury Says It’s Monitoring Credit Suisse Situation
(Bloomberg) -- The US Treasury Department is monitoring the Credit Suisse situation, a spokesperson said Wednesday, after the bank’s biggest shareholder ruled out boosting its stake and the stock fell the most on record.Most Read from BloombergCredit Suiss...
The US Treasury may need to backstop all the world's banks. Guaranteed, their talking about it.
Can't wait for their shitty swaps to hit the market.
...tits up
Not unexpected, but will be played as a surprise.