let's talk about credit suisse and as i say now. is all russian investors right now because they are due for calls in the price of grain crude to fall to fifty dollars a barrel in the us by the end of the year but that is only if the escalation of the eurozone crisis takes the worst case scenario now in an interview to the u.k. telegraph newspaper the bank's novices said that the current global imbalances or even while worse than at the financial crisis of two thousand and eight just to remind you back then that the price of brant fell over one hundred forty five dollars to below forty dollars per barrel and that was in just half a year. ok let's have the stocks and showing see some of the biggest moves and shakers we're looking at the red dagger is right there we got gas from a ten percent massive energy major here we've also got three to be bank as well second biggest lender over a descent down call just holding on to those six places points moving on. look at the variable to see how that's before me it's all really moved much at

>> credit suisse, cat nathe can the coal mine. switzerland is a very small country, two large banks around four or five times the country's gdp. switzerland just wants to be prepared and they can't afford big lowcations after the greek elections next week oregon in the coming months that their banks go under or undercapitalized. i don't think they know anything we don't know. they're just being cautious and want to be prepared. steve, what would you say to american viewers watching now? >> put it this way, you have to be wary of financials. whenever you have to raise cash, raise capital, that's a huge issue for these names. i think it's going to spark a lot of people being wary of them point blank across the board because it truly is a risk on trade. so at this point i don't think anyone should be blaming the financials. >> stephanie? >> i wouldn't touch cs, i wouldn't touch ubs but would look at the domestic companies. i would look at certainly some of the regionals. we talked about usb, sun trust. they have little exposurexposur

credit suisse is up 3.9. i own that one as well. >> doc, are you telling ining d be putting money into these banks right here? >> i did into those three. bacrlays, bcs, credit suisse and deutsche bank. >> picked the wrong one. >> two out of three bad. well, the problem -- the news, of course, swiss national bank saying credit suisse improved, suspend its dividend or issue shares. >> true. what happened is credit suisse did run, folks, from $19.05 up to $21. so that was, you know, a pretty night windfall on that move. lucki luckily, i'm out of credit suisse. i still own barclays. i still own deutsche bank. i'm looking for more moves here from some of these and depending on exactly what the news is, whether or not steve leaiesman right or whether or not we do have that coordinated effort by the g-20. i think this could really rock these banks to the upside still, melissa. >> but at this point, doctor, what's your base case scenario as to what happens? i imagine being in the three european banks you wouldn't wan

commodities credit suisse bank has forecast the price of bread groups of four to fifty dollars a barrelby the end of the year but that's only if this relation of the eurozone crisis takes the worst scenario in an interview to the u.k. is that the graph newspaper the banks and the current global imbalances are even worse than at the financial crisis of two thousand i just remind you back then the price of brant fell from over one hundred forty five dollars so below forty dollars per barrel in just half a year a second of what's going on right now doesn't seem like taking credit suisse seriously or for granted at least because prices are pretty much where they were yesterday and that's understandable in one half hours we'll see what comes out of geneva because a crucial meeting of opec nations due to be held over there where we might see some change to production quotas will be over they should. move over to the russian markets and they are correcting after several sessions of gains they gain. more than they're losing in the previous session let's take a look at what's going on the myself

the same at thirty million barrels a day so basically that was not unexpected at the same time credit suisse has forecast that the price of brant crude could fall to fifty dollars a barrel by the end of the year but that's only if the escalation of the eurozone crisis takes the worst scenario just reminded. thousand and eight we've seen a steep fall from one hundred forty five breads to below forty and credit suisse now says they're basically what's happening right now is even worse than the financial crisis of two thousand and eight but relations capital says this is very unlikely. we have seen oil at fifty dollars a level it's not the what they all of the possibilities but i find it difficult imagining that anyone you know was an existing supply demand environment would be taking fifty dollars a barrel as their base case assumption. you know that's the spare capacity is still very limited it is it is at the end of the day is going to be that of them but by what happens to the demand trends both in china and you know it up but i mean if you're talking about fifty dollars oil you are talking

thousand and eight we've seen a steep fall from one hundred forty five brant to below forty and credit suisse now says basically what's happening right now is even worse than the financial crisis of two thousand and eight but relations capital says this is very much. we have seen oil at fifty dollar level it's not the what they all of the possibilities but they find it difficult imagining that anyone you know was an existing supply demand environment would be taking fifty dollars a barrel as their base case. you know this despair capacity is still got a limit that it is it is at the end of the day is going to be that of them but by what happens to the demand trends both in china. i mean if you're talking about fifty dollars oil to your talking about cool cold but a lot based economic collapse and i might not be in the crowd in this town you know i'm just i'm just a loyal analyst but they don't think we're anywhere close to that yet all the prices we're seeing right now they have rebounded right to the to keep production quotas where the least they were not increased to ease the pressure on oi

number two, the elements credit suisse global warming etn. i first heard about this one, i said, oh please. supposed to invest in companies with an increased focus on combatting global warming but it must be having a hard time because it doesn't own anything. weirder yet, i couldn't get everybody at elements or credit suisse to talk about it. it was like go talk to the other guy. >> we don't know or refuse to talk about it? >> they pushed me to another guy and the other guy i couldn't get anywhere. i don't know who elements is. >> i don't understand them. >> i tried and tried. my winner for the weirdest etf is a tie and really two recently launched etfs that i believe -- >> in the etf world. >> this is a sucker. >> these are more wrong headed than weird. the global x guru fund and the alphaclone altertive alpha etf. they think they have a secret sauce for you. they cull investments of 13 fs. they said they have it figured out but i'm not an fan on piggybacking on other's trades and i have a list up with a whole lot pictures on cnbc.com. >> ov

credit suisse was downgraded three notches. bnp paribas, credit agricole, goldman sachs, morgan stanley -- these are names everybody knows about. what this does is it makes it more difficult for them to borrow money in the market. the markets have prepared themselves for this. this is what peter said. >> it also means that these banks are going to put up collateral when dealing with other banks. other banks will not want exposure to their lower risk ratings quality. they will say, put some cash up front. that eats up capital. it will reduce their activities. their activities will be more expensive. they will pass that through. it will encourage large businesses to bypass the banks or to find alternative sources of funding. >> i think what he says there is really important. it is not so much that people have not been prepared for this, but that the whole banking sector has gotten worse since february, when we knew something like this bois we're talking about a change in the whole banking -- when we knew something like this would

morgan, credit suisse, and deutsche bank. >> let's get back to your 2012.pain were the first to reach the final. the defending champions beat portugal on wednesday night. >> that match went all the way to penalties. >> this penalty put spain in the final of euro 2012. the match was a tough battle from both sides. spain performed evenly in the first half. portugal put one just wide of the net after 30 minutes. spain's coach had to change tactics. portugal were holding their own. it thunderous shot just after the break. renaldo had a chance to show his dead ball skills, but they came to nothing. portugal's best chance came in the 90th minute, but rinaldo could not take advantage of the past. in extra time, portugal lost steam and spain up the tempo. a big opportunity in the 104th minute, but after 120 minutes, it was still 0-0. first, spain could not gethe po. then, portugal lost his nerve to do lost its nerve. the rest of the shots when in here with a bit of luck, an end to portugal's championship dreams. >> your 2012 was the biggest sporting event ever held

nokia also says it will cut 10,000 jobs. >>> credit suisse says oil prices could slam to $50 a barrel. analysts at the bank say collapse in trading and global activity because of the eurozone crisis would lead to a sharp deflation in oil demand. >>> the producer priced its $3.1 billion offering near the top of its target range. >>> if you want to take an escape from everything else, i recommend this, the first round of golf's second major, the 112th u.s. open tees off in just a few hours. we're at the olympic club in san francisco. the big question is can tiger woods get back on the trail? or could it be phil mickelson or another player that may come out of nowhere? we have been previewing the field from the bay area. >> the question is, what should we expect this week considering the year of 2012 when so many proven champions have won and also the history of olympic when there have been so many upsets? >> i think we'll get more "are you kidding me" moments from this u.s. open. it's wednesday and we already have an are you kidding me moment. there are tantalizing tee times and groupin

credit suisse saw long time rating slashed by three notches. analysts downgraded ten banks by two notches, citigroup, goldman sachs, jpmorgan chase and morgan stanley. and lopered bank of america, hsbc holdings and two others by one notch. investors have been bracing for the changes since february when analysts placed the banks under review. olympus are looking around for $600 million in new funds. olympus post aid net loss in the business year ending in march. former managers covered up investment losses over a number of years adding up to $1 billion. executives plan to implement streamlining measures such as consolidating factories to improve profitability. they will also boost their endoscope and units, thebusines. they hope to boost sales to $14 billion in four years and knelt profits of $1 billion. if the talks with sony fall, olympus may enter negotiations with fuji film holdings, have also showed interest. two long-time rivals are forging an alliance. panasonic and sony are close to collaborating on the next generation televisions. the n

credit suisse will likely have very hef have dilutive raising of shares.hey're in a lot worse shape. that's why they're down a lot. guys, back to you. >> thank very much, bon. wants to switch to bonds and the dollar. we'll check in with rick santelli. good morning, rick. >> hi, carl. i think this morning's data points are obviously fascinating, we're going to show some bar charts. whether you're looking at the 386,000, which of course may be under 400, but not close enough for 350, but the market didn't pay a huge amount of attention, the kurt account balance, the trade balance at $137 billion minus, worst since '08, but the data points aren't really the issue. bob nailed the issue, but you'll have to go to retraining, bob, to say the stock market is rallying for all wrong reasons is dissing the point that -- and that of course is, you know, low interest rates to bolster ecity prices, if we're to see a chart of 30-year bonds, yesterday at an auction, by the way, today is the 30-year, we had the lowest auction ever on record. but obviously the problem is th

credit suisse, and the royal bank of scott land. the moody's bank action. >> tom: the moody's bank action came just after spain announced the results of a an independent analysis of its financial system. it shows banks there could need up to $78 billion in new capital to weather a serious economic downturn. spain is expected to ask for that aid on monday. >> susie: joining us now, keith banks, president of u.s. trust. keith, nice to have you on the program. what was your take on this big selloff today on wall street? >> well, you said a lot of the factors that are driving it, right, we've had nothing but a confluence of negative news that seems to be getting more negative. we have a debt crisis brewing in europe and it's really impacting economic growth there, and more recently the news coming out of the u.s., whether it's labor, manufacturing, housing, all surprising to the down side and people are now worrying about the health of the economy, even the u.s.. >> susie: and they're also beginning to talk about recession in the u.s..

japan has actually closer to tenths of a percent down now we did have some forecasts come out from credit suisse and bank they've now reduced their forecast for the chinese economy size saying a low patch so we've got eight percent of growth come down to seven point seven percent right now if we look at the ore prices are different and they are indeed gaining ever such a fraction but there's still hope around those eight multiple lows today is a big day for the or market because we've got opec meeting they're going to be talking about how much output how much production they're going to be producing for the second half of this year that will immediately impact those prices all right so that's how the markets are looking right now be back in fifteen minutes with the latest update carry. with you later as you say. well are coming our parties cars are reports of pulls no punches on the world of bankers first we're back with headlines in just a few minutes. coming . home. comforts is the least you have. your money is the last you need to eat if you travel this way. language is common. you and the. e

can see two tenths of descent down in negative territory and i want to talk about china because credit suisse they've both reduced their growth figures for the chinese economy other talking about all the international pressure is taking its toll on the second biggest economy in the world so it's not. from seven point seven percent so it's also a point seven percent from eight percent or so enviable when we compare it with that european countries but it's still a drop nevertheless so that is one to watch another sign that there's a slow patch in the chinese economy to watch out for let's see the closing figures for wall street that and see what their reaction to all of this was yesterday i did mention some weak economic data coming out of the u.s. yesterday it was retail sales they disappointed somewhat as well as out i did also mention the italian bond ocean the first one that we have and we gearing up for the second one today as i say so if you're down joe's six tenths of cent down on the nasdaq point seven percent in negative territory let's check out those oil prices and i've mentioned the

just now on the high and sang a half a percent in negative territory now they're also reacting to credit suisse reducing the outlook for china i want the biggest headline is today is the spirit most of it sells they get from europe and they plunged eleven percent the biggest ball in fifteen years on the close. well we've got some red daggers to look at that soft retail sales domestically really failed to impress the overriding theme of course is indeed europe we had industrial figures come out yesterday for the whole region declining germany leading the way there we had an attorney and bond auction as well that's still boring close and today we've got another one lined up as well so i'll be head of the agenda dow jones six tenth's of percent seven tenth's of percent down for the nasdaq all right in the bearish mood towards a common currency can change but it is rising have a slightly that can be put down to the weak economic data coming out of the u.s. but caution it remains we've got one twenty five eighty to the ruble moving again in less than an hour's time when the russian markets open up f

they are indeed retracing retreating said i saying a lot of that is on the downgrade news also credit suisse has it reduced its outlook for the chinese economy as well on the one of the biggest losers as well is the spirit it's a clothing company and it gets most of its cells from europe you see and it's plunged eleven percent that's its biggest fall in fifteen years as you can see the nikkei around certain types of descent down the hang six tenths of a percent in negative territory this is going to u.s. markets we see that retreat took place there as well of wall street and that was after we. came out domestically international data was taking its toll well we had an italian bond auction happening at a guess today that didn't go too well of tall also industrial production for the whole euro area was actually a real disappointment and it was led by germany the biggest manufacturer in europe . we've also got another. investors really focusing their attentions on now that was a close in figures for wall street as you can see the dow jones six percent down and seven for the nasdaq let's have a

production quotas at the same time credit suisse has been saying that the price of bread could force around fifty dollars per barrel by the end of the year and that's only if the escalation of the year's own crisis takes the worst scenario and interview to the telegraph newspaper the bags and the said that the current global imbalances even worse than those seen in two thousand and eight just remind you back then the price of brant fell from one hundred forty five dollars to below forty dollars in just six months. but we've also talked earlier to two relations capital in london they say that this scenario is highly unlikely. we have seen oil at fifty dollar level it's not the broadway out of the possibilities but i find it difficult imagining that anyone in you know what's an existing supply demand environment would be taking fifty dollars a barrel as their base case. you know the spare capacity is still very limited it is it is at the end of the day is going to be it they haven't but by what happens to the demand trends both in china and europe but i mean if you're talking about fif

stocks of caught my eye was canada the camera company the one percent in tokyo that's off the credit suisse cut its price target for the hong kong received clothing company is. twenty percent and that's after the first announced of the resignation of is a c o r it's about how wall street closed up yes they as you can see they did indeed rally and that was because the speculation that central bankers will intervene to stimulate the global economy one of the stocks that caught my eye was by way of the u.s. debt maker of course has rocketed three point five percent a lot softer a rating upgrade all right so let's have a look at the russian markets will be able to see how they closed up as i say on a saturday but right now it's looking to be a different day because we do have oil prices now dropping and that has a knock on effect but if we talk about assassin the situation then we have the stocks rallying for the first time since the. it was a good day for a much indeed for more so less than two hours now until the bell here in moscow all right so we'll see the exchange rates and if we may we s

percent down and the hindsight even was all laws here because they had some credit downgrades by credit suisseand going to banks so i think it was right in the wild second biggest economy all right that's why the markets that care about talked about its minutes ok thanks for that casey. are in a few minutes are special reports gives you a special guide to the galaxy trucking soft a recap of our headlines. if you're followed up on why did you know that is indeed. a true back in the market part of our long. list goes back to a time when people would write down their forces in the one. last and take up the speech and it's important to mention the sheriff the prosecution don't have much company may well feel compelled to get it and when they go out there he's got weapons. and you have to hope that nothing bad happens. to. the lawyers. who are chasing killers and you got to keep that in mind how does a two million dollar deal please arrest. but not super hero who can be told to enough to shoot me in the head i'm going to die. a little. bunch of hundred men you know never go back to i know anything

a percent down and the hindsight even was so lousy because they had some credit downgrades by credit suisse and banks so i think a lot of growth in the world's second biggest economy all right that's all the markets that care back back about fifteen minutes ok thanks records. well in a few minutes saw special reports gives us peshawar guides the galaxy of hitchhiking that's after a recap of the headlines. if you're following up on my day feel better than they. are sort of a throwback and archaic part of our long. and it goes back to a time when people would write out of their forces in the wild west and pick up these huge it's important to mention the sheriff for prosecution i don't think much company may. feel guilty. when they go out there it comes when. and you have to hope that nothing bad can. get good. but we're chasing killers and you gotta keep that in mind others that to me dollar bill for the rest. were not superheroes we can be killed too you know base you mean . ahead i'm going to die. a little. once you had a run you know never go back to and anything else. the. line rushes wou

reporting about it all day it's really taking a hit in the region we've got doing to buy in town yes credit suisse all suffering from those cars also want to mention about that in the last ten minutes or so we had german business confidence now it to your lies it see the common currency and see how that is responding to all of this the exchange rates that we may and. it is still lingering around the six month low also to talk about the ruble which is still losing value against the u.s. dollar and the euro that's as investors really steer clear of risky assets and head for the same behave in the u.s. dollar ok let's head on and see how the market's doing here in russia we can see they were made in negative territory that was feeling the pressure from the asian pressure earlier on and also feeling the pinch from the european markets as well and oil certainly isn't helping matters that see these prices as we can see that below ninety dollars per barrel for the bread just about for the first time in eighteen months only a weak economic data comes from china the u.s. europe as well all pointing to a lo

write your colleagues at credit suisse bank today issued their forecast for the oil price saying thatglobal imbalances right now much worse than seen in two thousand they may expect prices to fall to fifty dollars a barrel what do you think about that i mean typically typically we do not comment on competition that is serious but to me. it is we have seen oil at fifty dollars a level it's not the brought that out of the possibilities but i find it difficult imagining that anyone in there you know what then they exist in supply demand environment would be taking fifty dollars a barrel as their base case. you know that's the spare capacity is still very limited as it is at the end of the day is going to be they haven't but by what happens to the demand both in china and europe but i mean if you're talking about fifty dollars oil your talking about cool but it would be economic collapse and i might not be an economist and you know i'm just i'm just an oil analyst but they don't think we're going to work close to that yeah all right india all of the senior oil and gas and those that are n

credit suisse and deutsche bank fighting slow up the road for the second biggest economy and the wildon the nikkei is while they finished on the back but a lot of exports is in the region far exposed to our that's how the markets are looking as i say with focusing on oil a softening kerry ok it's certainly all happening casey thanks for that. and in about twenty minutes our sports around up we'll tell you who's in the running to get out of the group of death at the euro twenty twelve football championship plus their recap of our top stories in just a few minutes. the movie. lose. the book. the official. say. six video. costs and streets now in the palm of your posts question. today. the fees are the images they are seeing from the streets of canada the for. the big. now that let's have a look now at the main stories where covering today francois asked the u.n. to open up syria's skies for western bombers and another broadside on assad's regime but al qaida is number two endorses the rebellion. a sinister walk in the woods with infuriated general opposition journalists claims led to a

credit suisse all taking a hit is also the result i also want to mention as well there's been some data coming out of germany business confidence is now reaching a two year large so without a minus have a look at the common currency and see how that is performing it is indeed it remains a low it's one twenty five thirty six who is losing out in the session today it hasn't moved much it's cool to be so if we look at the ruble you can see it's losing out to the u.s. dollar on the year on us as investors really flow to the safe behavior the u.s. dollar bank of risky assets if you look at the russian office and here in moscow to see how they're performing and they still remain in negative territory that following on from losses that we had in asia earlier on they're feeling the pinch from europe as well and or prize. helping out the stocks has so with that in mind let's see what the prices are looking like and if we look at the crude prices will be able to see that that is actually dropping below ninety dollars have robbed us of time in eighteen months of the prices are looking weak but you

after law school he clerked for judge edmondson on the 11th circuit and spent a short time at credit suisse and co-founded paypal. peter created a place for himself as an innovative hedge fund manager and venture capitalist and now in film and facebook. he also created a place for himself as a public intellectual and provok tour and is also well known for his support for the singularity institute on artificial intelligence and the sea setting institute which creates autonomous and libertarian communities and for young people who may be better served not going to college than doing so. he teaches an occasional class from law school and teaches at the law school as often as i can persuade him to take the time to do so and the way i conceptualize that class is it's the world according to peter teal and i don't actually care what he does. seriously, if you have a law school and you can put extraordinary minds of people, that's a good thing for them and that's why we try to get peter to teach as often as we can, lastly and speaking of people at the heart of the ongoing technology and information

the same level of thirty million barrels per day which was pretty much expected at the same time credit suisseis forecast of the price of brant for crude to fall to around fifty dollars a barrel by the end of the year but that's only if the escalation of the eurozone crisis takes the worst scenario earlier we talked to the nation's capital in london they say this is highly unlikely. we have seen. well at fifty dollar level it's not the broadway out of the possibilities but i find it difficult imagining that anyone in there you know was an existing supply demand environment would be taking fifty dollars a barrel as their base case assumption. you know that's the spare capacity to still get a limit at it is it is at the end of the day is going to be that of them but by what happens to the demand trends both in china and europe but i mean if you're talking about fifty dollars oil your talking about global broad based economic collapse and i might not be an economist and you know i'm just i'm just an oil analyst but they don't think we're anywhere close to that yeah. well luckily right now we're p

as opec is meeting in vienna to make a decision on the production quotas earlier a credit suisse forecast of the price of bread would go down to fifty dollars per barrel by the end of the year and that's only if this coalition of the eurozone crisis takes the worst scenario now and then to view to the u.k. telegraph newspaper the banks and the said that the current global imbalances are worse than those we've seen in two thousand night just remind you then prices fell from one hundred forty five dollars per barrel to around forty dollars per barrel relations capital says this is very unlikely. we have seen oil at fifty dollar level it's not the broadway out of the possibilities but i find it difficult imagining that anyone you know what and they exist in supply demand environment would be taking fifty dollars a barrel as their base case us. you know that's the spare capacity is still very limited it is it is at the end of the day is going to be at the devil but by what happens to the demand trends both in china and europe i mean if you're talking about fifty dollars oil to your talking ab

mentioned they did close up on the back foot china got of a bad rap today they were downgraded by credit suisseand banks fighting slower growth for the second biggest economy in the world the nikkei as well they finished on the back but a lot of exports is in the region fair exposed to europe or that's how the markets are looking as i say we're focusing on oil a softening kerry ok it's certainly all happening casey thanks for that. kind of outer twenty minutes or sports around we'll tell you who's in the running to get out of the group of death row twenty twelve football championship quest a recap of our top stories in just a few much. please . move. as the news. the books. download the official anti up location on the phone the i pod touch from the. small child's life on the six six video on demand on t.v. smiling old costs and says feeds now in the palm of your. suggestions on the. news today violence is once again flared up the film these are the images the world has been seeing from the streets of canada.

credit suisse going to bag all off in the session save all those oil prices as well if we check those out ok which at my next hour we'll be back in about fifty five minutes carry from st pete is back on the business that's ok i will catch up with you that for a few minutes on the back with the headlines stay with altie. sigrid lumbered sure to mccurdy was to build a new it's most sophisticated robot which unfortunately doesn't give a darn about anything tim's mission to teach music creation why it should care about humans in group think this is why you should care only on the dog. more news today violence is once again flared up. and these are the images kobold has been seeing from the streets of canada. giant corporations are all today. there hasn't been a thing yet on t.v. . it is to get the maximum political impact. before the source material is what helps keep journalism honest. we wanted to present. something else. wealthy british style the sun rose. was a member of. the british. markets why not. find out what's really happening to the global economy in these kinds of reports.

limiting at the games was not common the camera make up one percent doesn't take care that's off the credit suisse cut its price target for the shares hong kong listed company is spirit comics and twenty percent solved with the resignation of that see this is how wall street closed up i did mention they did indeed rally actually and that's because of speculation that the central bank has to make moves to stimulate the economy growing at the u.s. jet make the shares rocketed three point five percent myself to a grade saying upgrades we get. is now less than an hour until the bell here in moscow you're looking at the closing figures for saturday because they have been closed for three days now because of a public holiday i think it's a high wire because that point in time. boyle was rising it is indeed declining now as it might be a different today was certainly keep you updated if we look at the price you can see them just as they are indeed declining as i mentioned now all eyes are on oil and that's because tomorrow we've got opec meeting now what they do is they discuss their quotas for the rest

yes credit suisse certainly invested in the lives of their employees with toxic assets but now they're offering the deal again why because the original toxic assets offered as a bonus is yield an eighty per cent gain for the worker that is according to reuters so this is not ok toxic assets kill everybody else but for bankers when they're given as bonuses they yield eighty then what explains this well i think when this first happened obviously they were kicking and screaming because they didn't want these right but i think what happen is that you introduce this toxin into the environment as we've seen with with frogs and double tadpoles and the like that they mutated so i think what effectively happened is these bankers and this is really going anywhere mutated in order to literally evolve with this new ecosystem and now they're able actually to swallow up these toxic assets like the like that we're leaving bacteria in the gulf and they're able to actually make profits off it so leave it up to these guys and they can generate profits from anything i think when i think i think we should

credit suisse they have to prove to us that they are not dead because i have declared them dead they are dead the kaiser report has declared them dead max kaiser has declared them dead so it's up to them to prove that they are alive dead man runs for india's presidency a dead man is running in india's presidential election next month to prove he is alive santos kumar saying a thirty two year old cook has spent nine years trying to prove to officials that he is alive after his high caste relatives declared him dead after he married an untouchable well his manifesto contains only one pledge max and that is to be recognised as alive and he has no desire to be president he says all i want to do is prove i'm alive if the government cannot declare me alive then i request them to kill me and issue a real death certificate in my name right he's got a good point there you need to have some credibility some accreditation that proves that you are alive and not dead now in the case of banks you see you know it started in japan right with the zombie banks now in one. stern europe and in america s