Tuesday, September 08, 2009

KOOR's earnings on Credit Suisse = 400 M$


Koor is havily speculating on Credit Suisse. One aftershock of the collapse of Lehman Brothers 12 months ago was the drastic reshaping of the prime brokerage business. The firm’s failure shook confidence in Morgan Stanley and Goldman Sachs, driving away hedge fund clients. A year later, Deutsche Bank and Credit Suisse have emerged among the winners. The paper earnings of KOOR on CS are very considerable. Yet the stock is not moving. Pic Nochi Dankner.

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