Repo Madness Update: More Hedge Funds In Trouble, Credit Suisse Loses Over $7 Billion Needs Bailout?
New reports have Credit Suisse now admitting to over $7 billion (and counting) in losses from a bad $320 billion loan to family office Archegos when Credit Suisse bank was adamant only a few weeks ago that, at most, the bank would lose $5 billion. We may never find out the real amount of … Read more