I'm not an expert on the subject by any means, but I remember the research presented on Superstonk in Spring of '21 about how the toxic GME swaps that Credit Suisse absorbed when Archegos went under would expire in two years, and Credit Suisse would be in deep shit when that happened. Fast forward two years (Spring '23) and sure enough, Credit Suisse imploded. Like a snowball rolling downhill, it was then absorbed by UBS, and rumored to be expiring this Dec 15.
I'm not an expert on the subject by any means, but I remember the research presented on Superstonk in Spring of '21 about how the toxic GME swaps that Credit Suisse absorbed when Archegos went under would expire in two years, and Credit Suisse would be in deep shit when that happened. Fast forward two years (Spring '23) and sure enough, Credit Suisse imploded. Like a snowball rolling downhill, it was then absorbed by UBS, and rumored to be expiring this Dec 15.
Archegos > Credit Suisse > UBS > ?
Yes!