#SpeialEdition: #CreditSuisse: #SVB: Early maneuvers in the panic of 2023. Brett Arends, Marketwatch. #FriendsofHistoryDebatingSociety
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 16 March 2023
⏱️ 12 minutes
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1871: he Merchants' Bank, Ontario Bank, and Cabinet de Lecture Paroissial, Corner of Place d'Armes, Montreal
#SpeialEdition: #CreditSuisse: #SVB: Early maneuvers in the panic of 2023. Brett Arends, Marketwatch.
#FriendsofHistoryDebatingSociety
https://www.wsj.com/articles/credit-suisse-shares-plunge-as-bank-storm-spreads-to-europe-7251349d
Transcript
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| 0:00.0 | I want to take a second to tell you about the biggest international festival for pop casting. |
| 0:04.7 | The Pop Car Show London will bring together thousands of people under one roof on the 24th |
| 0:09.5 | and 25th of May, featuring industry leaders, creators, brands, and some of the most recognizable |
| 0:15.4 | names in pop casting, as well as parties and an evening festival of un-missable live shows. |
| 0:22.0 | 65-pound day and 119-pound two-day passes are on sale now. |
| 0:27.0 | Book yours at thepopcarshowlunder.com |
| 0:52.0 | Bank is closed, and then regional banks come under what Wall Street describes as pressure. |
| 0:57.2 | However, we're all looking around for what's next. |
| 1:00.3 | Something is going to break. |
| 1:01.6 | Where? |
| 1:02.4 | Brett, a very good evening to you. |
| 1:04.2 | Who knew except for you? |
| 1:06.7 | To look to Europe. |
| 1:08.3 | The large banks, Credit Suisse, Deutsche Bank, BNP, Parabas, the French Banks, Uni Credit, |
| 1:14.4 | the Italian Bank, all giants in the field, and it's the Euro, and it's the ECB, and it's |
| 1:20.0 | another world. |
| 1:21.0 | Yet, what happened? |
| 1:22.9 | Where did this start? |
| 1:24.8 | And is it the same panic that we saw in California, or is it new panic? |
| 1:29.4 | Good evening to you. |
| 1:31.0 | Good evening, good evening. |
| 1:32.4 | I'm always, I love coming on, but I'm always still so bad for the listless, because whenever |
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