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Beefeater Profile picture
@Beefeater_Fella
Mar 16, 2023 • 6 tweets • 6 min read • Read on X
Scrolly
1/5 Let’s talk about Switzerland’s Credit Suisse Bank.

It is in shit street financially and needs a $54Bn bailout from Switzerland’s Central Bank.

Credit Suisse is 160 years old and is one of the largest banks in the world. This bank has a history of … twitter.com/i/web/status/1… ImageImage
2/5

1986 - The bank was implicated in helping to store $10bn stolen by Phillipines Ferdinand Marco and his wife Emelda siphoned from the country. Credit Suisse open fake accounts for this couple under the names of William Saunders and Jane Ryan to hide the stolen money. The… twitter.com/i/web/status/1… ImageImage
3/5
2009 - Credit Suisse was fined $536m for circumventing sanctions by the US Gov, including Iran and Sudan between 1995-2007. At the time the bank claimed it was “enhancing procedures” and taking action internally.

2011 - Credit Suisse paid $150m dollars to settle an… twitter.com/i/web/status/1… ImageImage
4/5
2017 - Police raided homes and Credit Suisse banks in the Netherlands and France and launched investigations into employees in the UK, Australia and Germany involved in tax evasion in over 55000 accounts. At the time Credit Suisse said it was “co-operating with authorities”… twitter.com/i/web/status/1… ImageImage
5/5
2021 Credit Suisse recorded a $5.5bn loss due to it’s exposure to a US Hedgefund which collapsed. The bank said it fired 9 staff and took action against a further 23 staff. It promised to put “Risk Management at the heart of its decision making”

2021 Credit Suisse was… twitter.com/i/web/status/1… ImageImageImage
BREAKING:

UBS will be buying a world of corruption - it will colour the UBS image permanently, with corruption and systematic failures in compliance and due diligence.

reuters.com/business/finan…

@UBS #UBS #Credit_Suisse #CreditSuisse #Corruption

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More from @Beefeater_Fella

Beefeater Profile picture
Apr 12
On russian Telegram (which is monitored by the FSB): A russian publishes a rant.

He will be disappeared.

“What angers me most is precisely this kind of brazen and pseudo-humanistic lie”

1/6 Image
If Russia cared about people and not territories, it would have simply resettled those who wanted to onto its lands, which are more than 90% empty, even before the war. It would not have mobilized the residents of the “new regions”, grinding them up in meaty assaults.

2/6
If Russia doesn't need the territories, then why is it clinging to them with its teeth and not ready to give them up in exchange for peace and the restoration of the rights of the Russian-speaking population , as the propaganda screams?

3/6
Read 7 tweets
Beefeater Profile picture
Apr 10
On russian Telegram: Putin fudges the housing crises, with a Trump styled alternative reality

Mutko muddies muddies muddies

Vitaly "let me speak from my heart" Mutko met with Putin today to discuss housing issues in Russia. And there (spoiler) everything is extremely bad.

1/1
Mortgages have already been recognized as a "dead" way to buy housing even in the State Duma. In 2024, mortgages fell by half. And the debt increased by 63%, which became a historical record. Only the elite of the real estate market, where prices don’t matter - is afloat.

2/2
Putin believes that Russia has everything to fix the issues with housing provision. He claims building materials are available, science is developing, and the process is well organized. The president clearly does not understand what is happening in the real estate market.

3/3
Read 5 tweets
Beefeater Profile picture
Apr 9
The US dumbfuckery on tariffs is going to result in a catastrophe that no-one has factored in.

I have published threads on the importance of Rare Earth Elements - and I have warned that China’s grip on REE’s is the USA’s most significant weakness in any dispute with China.

1/6 Image
Currently the United States imports 78% of its rare earth requirements from China. When China shuts the US out of supply - this will result in a catastrophe that will be an economic apocalypse.

2/6 Image
In the event of a massive deterioration or even conflict between the US and China, the supply of REE’s would end overnight which would have a massive, possible catastrophic impact on the global economy.

3/6 Image
Read 6 tweets
Beefeater Profile picture
Apr 9
On russian Telegram: Gazprom woes accelerate

Gazprom suffers failures and exits foreign projects en masse:

Gazprom is winding down its participation in the Bolivian Acero project: a well drilled 5,830 m deep turned out to be dry.

1/3 Image
The company's corporate journal says it has gained "unique technical and production experience."

In addition, Gazprom announced the end of work in the Uzbek project Shakhpakhty due to the end of the production sharing agreement.

2/3
Earlier, the company also ceased operations in India, Venezuela and Tajikistan - the projects did not meet expectations and led to losses.

3/3
Read 4 tweets
Beefeater Profile picture
Mar 31
On russian Telegram: Putin can’t hide the conscription in the outlying regions anymore, now it’s a free for all in Moscow and St Petersburg.

Putin signed a decree on the start of the spring draft into the army. It will take place from April 1 to July 15.

1/4 Image
160 thousand people are subject to conscription. From this draft, electronic summonses will be introduced in Russia; if a conscript receives one, he will it will not be possible to leave the country.

2/4
In addition:

— if you fail to appear in response to a summons, you can forget about taking out loans, driving a car, buying real estate, and even registering as an individual entrepreneur;

3/4
Read 6 tweets
Beefeater Profile picture
Mar 31
On russian Telegram: Remember Putin has repeatedly said the economy is the strongest in the world?

Russians have started complaining more often about wage arrears. According to Rostrud, the number of complaints increased by 37.4% in 2024.

1/3 Image
Rostrud cites the suspension of payments for products shipped by companies, the diversion of resources to servicing loans, and a lack of working capital as reasons for the emergence of debt.

2/3
In addition, in 2024, the volume of overdue wage arrears increased by 43.5%, and in February 2025, by 2.3 times compared to the same period a year earlier.

All going to plan eh?

3/3
Read 4 tweets

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