Credit Suisse Confusion on Costly Trades Adds to CEO’s Woes
By Donal Griffin and Jeffrey Voegeli
Bloomberg Business
March 24, 2016
Excerpt:
“I wouldn’t fault the CEO for not completely understanding the ins and the outs, but the buck stops with the CEO,” said Ronald Colombo, a law professor at Hofstra University and former counsel to Morgan Stanley. “The CEO has to have a team of trusted advisers who collectively understand what’s going on.”
