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John Mack on Life Lessons From Financial Crisis

Masters in Business

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Credit Swiss - What Was the Response to That?

I thought they were the dumbest people I remember. My view, which drove them crazy, was to open up their vault and let the European Jews come in and see how much money Credit Swiss took when World War II started. And they got the paintings they had. What's a bank doing with a Renoir in a safe? They didn't like it. So you end up leaving Credit Swiss not long after. Well, they wouldn't renew my contract. It was after your contract ended. No, I was fired. You knew this match wasn't going to last forever.

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