Credit Suisse

“And at the time there was no Bloomberg really. Bloomberg was existed, but it was a very, very minor thing. And all the banks had their own internal mortgage backed security departments and whatnot. And so there was a huge demand for people to Call up the mortg…”

“We're the largest wealth manager in Asia. We're the largest wealth manager now in Latin America after our Credit Suisse acquisition. And we're the fourth largest wealth manager in the United States based on assets under management from wealth clients. Also the…”

“Those prop desks, especially at Credit Suisse, that's where things were happening back then. It was much bigger than the hedge fund business, especially on the arbitrage and the harvesting side until the financial crisis.”

“People remember, we gave the employees a lot of what was considered back then the toxic assets, but they were not toxic assets, they were under marked assets.”

“The multi-managed industry was the prop desks. It's not that different. The culture shock of moving from CS to Millennium was not that high at all. It was the same thing. A lot of it was the same people, as there was a transfer of people from the prop desks to…”