Ann: Update on asset revaluations and financing a, page-9

re: Ann: Update on asset revaluations and fin... I think this mornings announcement might be best summed up by "Oh dear". My take on the announcement is that the results about to be presented are mind numbingly bad, every covenant known to mankind has been breached, CS is at their tether and will take any and all losses they have to ...the wild cards are the north american note holders who might need to take out CS so as not to create a total bloodbath. Irrespective, I doubt anything will be left for shareholders...the adminsitrators of the responsible entity will see to that!!!

O dear!

DYOR

Cheers


lol position really should be described as "no choice"...moderator, why isn't this an option???