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Yes, This Is a Bailout of Credit Suisse
The Compound and Friends
Is This the First Bank of Podunk?
The fact that this is happens to be a bank that banks Twitter cycle paths, I think accelerated the timeline of this whole thing. This happened because two things. One is that they're on Twitter and Twitter can be mistaken for real life by the kind of chattering classes which include journalists and venture capitalists. The other thing is they could get Janet Yellen and Janet Yellen's aides on the phone that weekend instantly. And so they got those people on the phone and said there was a panic and they had to do something.
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