Spies and Threats Set Stage for Big Credit Suisse Decision

The transcript discusses a scandal involving Credit Suisse, focusing on the board's decision regarding responsibility and the role of an external law firm in the investigation. It highlights the negative public opinion in Switzerland about the bank's actions and the importance of shareholder support for the management team. The discussion emphasizes the need for institutional backing for the CEO and the executive team amidst the turmoil.

What is the primary focus of the board's decision in the Credit Suisse scandal?

• To expand the bank's operations

• To decide on the culpability and responsibility

• To determine the future of the bank

• To merge with another bank

How is the public opinion in Switzerland towards Credit Suisse's actions?

• Negative

• Indifferent

• Positive

• Supportive

What unusual action by Credit Suisse is highlighted in the scandal?

• Spying on a previous employee

• Merging with a competitor

• Launching a new product

• Hiring a new CEO

What is considered crucial for the management team to continue at Credit Suisse?

• Employee satisfaction

• Institutional support

• Public opinion

• Media coverage

Who provided strong support for the CEO amidst the turmoil?

• The biggest shareholder, Harris

• The Swiss government

• The media

• The employees