Bain Capital's Stephen Pagliuca on Credit Suisse-UBS Deal

The transcript discusses the current banking crisis, emphasizing a crisis of confidence rather than systemic collapse. It highlights the role of private equity and debt in stabilizing the economy, the importance of diversification, and the potential for a recession. The discussion also covers personal banking practices and the need to restore confidence in the banking system.

How does the speaker perceive the role of private equity and private debt in the current economic situation?

What does the speaker suggest about the future of the economy following the current crisis?

What measures are being taken to restore confidence in the banking system?