Something happened on Monday Fall off - to Credit Suisse

I do not understand the complex subject of ETN. If you know the details, feel free to read.

Credit Suisse ‘volatility’ fund liquidated after market selloff

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This is an easy to understand explanation:

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Excellent explanation.

https://www.bloomberg.com/news/articles/2018-02-07/a-map-to-the-underworld-2-trillion-of-volatility-trades-here

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UBS offers to buy Credit Suisse for $1B🫣

So the government solution of putting rotten fish into a basket of fresh fish would turn that basket of fish into a basket of fresh fish. Smell like what happen to MBS that cause the GFC.

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New offer $3.2B

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