#UBS takes over Credit Suisse, and $17 BILLION in #CS bonds are now worth $0.00... These are mostly owned by hedge funds and money managers... I smell stock markets getting crushed.
Archegos portfolio has become MAJOR legacy problems for #UBS & #CreditSuisse. $9+ Billion loss potential... BAILOUT IMMINENT! #AMC Going live 1PM eastern March 21st: