Swiss Defend $17BN AT1 Bond Wipeout In Credit Suisse Deal As Furious Creditors Including David Tepper Vow To Sue Switzerland

Swiss Defend $17BN AT1 Bond Wipeout In Credit Suisse Deal As Furious Creditors Including David Tepper Vow To Sue Switzerland

Amid the justifiably shocked outcry from Credit Suisse junior debtors, who saw their entire AT1 debt tranche wiped out before the equity was fully impaired, violating every conventional liquidation waterfall,

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FDIC Unexpectedly Delays Bid Deadline For Silicon Valley Private Bank

FDIC Unexpectedly Delays Bid Deadline For Silicon Valley Private Bank

Over the past weekend, it was determined that the Federal Deposit Insurance Corporation (FDIC) would break up Silicon Valley Bank into two separate auctions. But now, the auction for SVB’s wealth-management unit has been delayed. 

FDIC was set to receive

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Republicans Introduce Bills To Prevent Biden Administration From Banning Gas Stoves

Republicans Introduce Bills To Prevent Biden Administration From Banning Gas Stoves

Authored by Savannah Hulsey Pointer via The Epoch Times (emphasis ours),

Two House Energy and Commerce Committee Republicans announced on March 20 they are introducing legislation to prevent the Biden administration from banning gas stoves.

A gas stove in

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Watch Live: TikTok CEO Testifies Before Congress; China Opposes Forced Sale

Watch Live: TikTok CEO Testifies Before Congress; China Opposes Forced Sale

As TikTok mulls a demand from the Biden administration that the video-app divest itself from Beijing-based parent ByteDance (a move strongly opposed by the Chinese Ministry of Commerce), CEO Shou Chew is preparing to testify before Congress for the

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EU’s Digital ID And The “Chinafication Of Europe’

Here is Technocracy: “one of the latest attempts by EU institutions to pull power away from member-states’ national governments.” Technocracy eschews nation-states and participation of ordinary citizens through traditional political processes. The “Chinafication of Europe” is well underway.

The total engineering of society must necessarily start with ubiquitous surveillance with

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