MYG 1.89% 81.0¢ mayfield group holdings limited

credit suisse in trouble

  1. 2,333 Posts.
    Not what you guys want to hear but better to not be an ostrich with your head buried in manure.

    "Credit Suisse Group stock fell 10 percent after Switzerland's central bank said it should strengthen its balance sheet, either by stopping paying dividends or by selling shares. "

    "The risk of a major bank failure remains substantial," the Swiss National Bank warned."

    "Credit Suisse's earnings in the last couple of quarters haven't been great. The bank reported a 95 percent drop in net profit for the first quarter, when it took big charges on its debts. For the fourth quarter of 2011, it reported a loss."


    yada yada.

    Be careful chaps. Good luck.



    http://www.msnbc.msn.com/id/47819547/ns/business-us_business/#.T9pmwTe-0n0

 
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