“The answer is absolutely not, for many reasons outside the simplest reason, which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday. That was in response to a question on whether the bank was open to further injections if there was another call for additional liquidity. Just 1 statement and the shares drop like flies. So now big players took this opportunity to short, and then scoop low? Win win.
Regional and Big Banks Fall as Crisis Fears Rise, with Credit Suisse Plunging 18%
How timely. These whistleblower only come out when the shares are down. probably a bunch of shortist trying to influence the market. hope they get short squeezed
Credit Suisse Whistleblowers Say Swiss Bank Has Been Helping Wealthy Americans Dodge U.S. Taxes for Years