Considering Archegos basically kept using the same assets as collateral over and over again, it's really possible that CS absorbed some monumentally garbage bags. So large that it would create a black hole in asset liquidation to absolve their debts.
canihazDD t1_iukacio wrote
Reply to Why is Credit Suisse seem/treated as a serious problem should it go under? What makes it so special? by [deleted]
Considering Archegos basically kept using the same assets as collateral over and over again, it's really possible that CS absorbed some monumentally garbage bags. So large that it would create a black hole in asset liquidation to absolve their debts.