Monday, October 3, 2022

Izabella Kaminska On Credit Suisse, Counterparty Risk and No, She Did Not Mistake Chancellor Kwasi Kwarteng For Some Random Black Guy

That was the Daily Mirror

Ms Kaminska mistook an invitation from the Chair­man of the Board of Dir­ect­ors of Credit Suisse for an upcoming do as originating from some low-level flunky.

And the counterparty risk....read on:

Spot Markets Live Transcript: 03/10/22

I should warn gentle reader that Ms Kaminska is an expert on counterparty risk. 

In a move that would have made Marc Rich envious of the chutzpah she once DK'd (don't know) an oil trade with sweet, innocent, unsuspecting Tracy Alloway.

Cold and cold-hearted.