@Thatway:Credit Suisse Group AG has assets of about 500B, Switzerland GDP is about 800B. Saudi investors have declined to invest any more money in Credit Suisse. Switzerland is wooing Putin/ his Oligarchs, ONLY Swiss National Bank is willing to lend Credit Suisse $54B.Back to SVB, which had nearly 200B from client deposits. They decided to t5o buy treasuries and bonds, and, when FED started raising interest rates, those bonds/treasures dropped in value and when clients came for their money SVD was already in a liquidity trap.How did Apple hold borrowed money and cash? was it in bonds/ treasuries? ( look at financial reports) Many companies will fall into liquidity trap on a global scale, its not that they do not have assets, but are not liquid, in circumstances like that, you sell whatever you have

@StickyRice:Tencent reportedly in talks to sell Meta's Quest 2 VR Headset in China Tencent is reportedly in talks to become the exclusive seller of Meta Platforms' $Meta Platforms, Inc.(META)$ Quest 2 virtual-reality headsets in China as it looks for sources of revenue beyond the slowing videogame and advertising businesses. Citing people familiar with the matter, The Wall Street Journal reported that the talks are in early stage and a deal might not be reached. The headset and its apps are not officially available in China at the moment. Should the deal come through, it would be a significant step for Meta (META) in China, where Facebook has been blocked since 2009. A potential partnership with Tencent (OTCPK:TCEHY) could provide Meta access to one of t

@BruceBryant:$Faraday Future Intelligent Electric Inc.(FFIE)$ It is easier to fool a man than it is to convince him he has been fooled. ​$Faraday Future Intelligent Electric Inc.(FFIE)$ investors are NOT getting their money back and are completely delusional about what is happening. Anyone with an outside perspective can see the SCAM that this EV company is. They designed a hideous soulless monstrosity of a car that they are selling for $200k+??? Who is this vehicle for exactly? Wealthy people want to buy classy timeless vehicles from BMW, Mercedes, Bentley, etc. They would not let themselves be found dead in a stock like this. Scamaday Future knows this but doesn't care because the entire operation is not meant to be successful. It's