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ilmscore | Prediction Details
"Credit Suisse had sold billions of dollars of green cells debt to investors assuring them in marketing material that the high yield notes were low risk because the underlying credit was fully insured but then you know what happened they went bankrupt"
By
CA Rachana Phadke Ranade
|
March 18, 2023
|
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From video
Fall of Credit Suisse | Impact on India | CA Rachana Ranade
00:16:18 - 00:16:34
Interpreted Prediction
Credit Suisse sold billions in debt from Greensill Capital, marketing it as low-risk, shortly before Greensill's bankruptcy.
Prediction Details
Topic
Credit Suisse Greensill Capital Exposure
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