Behind the Markets Podcast: David Zervos
Behind the Markets Podcast
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The Global Dynamics of Credit Suisse
The next in line team to be Deutsche Bank people are questioning Deutsche Bank and there was some issues there. I tell you what I come away with with Credit Suisse. They've got a regulatory architecture in place that really looks rather robust in dealing with business models that have failed. The Swiss national bank was actually raising rates just as they wiped out 16 billion dollars of tier one capital in the debt markets 81 capital and they were raising rates. We're kind of doing the same thing the US is doing consolidating our commercial banking system.
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