
Bailout Breakdown With Jim Chanos
MRKT Matrix
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What's Going on With Credit Suisse?
In 1998 and 1998 was in the middle of a epic bull market, right? The S&P 500 from 95 to 2000, literally average 30% gains a year. We had long term capital, we had a lot of stuff that was thrown at it. And I look around and obviously credit suites and full disclosure, I've been an advisor to Credit Suisse over the last six and a half years to their investment bank. None of the stuff that's gone on with this, well, this is their technology investment banking group. But obviously you see the headlines there. So there's some issues with European banks. And then when you look at what has gone on with Schwab, okay
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