May 7, 2024

Credit Suisse to Borrow up to 50 Billion Swiss Francs from Swiss National Bank  

Credit Suisse announced it would borrow up to 50 billion Swiss francs from the Swiss National Bank in a move to strengthen its liquidity amid dwindling stock prices. Fifty billion Swiss francs is the equivalent of $53.68 billion. Credit Suisse is the country’s second biggest lender. On Wednesday, Credit Suisse’s shares went down as much

When Melania Trump Asked to Borrow a Painting, Museum Offered a Literal Toilet.

First lady Melania Trump’s request to borrow a Vincent van Gogh painting from the Guggenheim Museum was refused, but a curator did offer another work of art: a functional 18-karat gold toilet. The curator at the Guggenheim responded to Trump’s request by offering to loan the White House a working toilet made of gold called […]

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