Archive for February 19th, 2008

Disclosure: I hold positions in Credit Suisse, and am extremely bullish.

I like Credit Suisse because unlike its competitors they have stayed away from much of the sub-prime crisis. Though I am worried about what Credit Suisse has just announced.

Credit Suisse has written $2.85 billion off the value of its asset-backed investments and found mismarking and pricing errors on its books, it revealed on Tuesday, sending its shares plummeting.

(more…)

Add comment Tuesday, Feb. 19, 2008 by Christian

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