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It is a tradition, right im trying to advertise this shirt i bought years ago one day a year i get to use it i go year off, year on i have a tie i sometimes do. Tartan, what is the pronunciation we good with hes got the tartan each one means something a family or a clan well make up a story give him a couple of scotches you are an irishman, not a scott, right a quick shout out to dean and the whole crew that put that together, which is awesome every year, it is so fun. Every year. Shall we lets get it going. Why dont we start with the markets. The markets are at alltime highs. The dow closer higher yesterday. All three major averages closing with record closings more on boeing in the show the trading day is shortened so everybody can go out and panic shop and panic wrap. Market closing at 1 00 eastern and the bond market at 2 00 p. M. Eastern. The bond market ever a fraction higher any gain, whatever it is is going to be a new record look at the banner, the nasdaq winning streak now th ....
Credit Suisse Blow-Ups Give Gottstein a Crash Course in Risk Bloomberg 12/14/2020 Patrick Winters, Donal Griffin and Marion Halftermeyer (Bloomberg) Two months after Thomas Gottstein took over at Credit Suisse Group AG following a damaging spying scandal, the new chief executive found himself defending losses the bank had incurred in one of Asia’s most spectacular accounting frauds: Luckin Coffee Inc. Popular Searches It was only the beginning. From questionable deals arranged for SoftBank Group Corp. to a $450 million hit from an investment in hedge fund York Capital, Gottstein has confronted one setback after the next in his short reign atop Switzerland’s second-largest lender. The losses and scandals, many of which he inherited, have compounded the damage inflicted by the global pandemic and now threaten to plunge the bank to a fourth-quarter loss. ....