A man spends 50 years teaching at MIT.
He knows his time is running out.
So he records one last lecture — everything he knows, distilled into a single hour.
He died 5 months later.
This is that lecture.
The most important hour you'll watch this week. 👇
Bookmark it for later
In 1971, Nike hired a student to create a logo. She was paid $35 for her design. Carolyn Davidson was a graphic design student. She needed cash and was offered $2 an hour for her work. She was paid $35 after creating the design in about 17 hours. She later received 500 shares after Nike's IPO, which she never sold.
Timeline of Credit Suisse, $CS, Collapse:
- 2009: Fined $536 million for bypassing US sanctions
- 2014: Fined $2.6 billion for evading US taxes
- 2021: Lost $5.5 billion due to risky exposure to Archegos fund failure
- 2021: Froze $10 billon in funds due to Greensill collapse
- 2022: Pleads guilty to defrauding investors over $850 million loan, fined $475 million
- 2023: Delays annual report to address accounting concerns from the SEC
- 2023: Saudi National Bank said they won't provide further financial support
- 2023: US Treasury and ECB announce they are monitoring CS situation
Now, Credit Suisse is asking the Swiss Central Bank for support.
Their Credit Default Swap premiums are trading above 2008 levels.
At this point, they have dug their own grave.