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 does the speaker find shocking about the situation at Credit Suisse?

What was the reaction of the biggest shareholder regarding the responsibility of the executive team?