[nunorbatista]

Saying that the bank was at a "Critical moment" last week was what triggered people into searching deeper.

I don't know enough about the economical impacts of what a CDS is, but he fell into the trap of the Swiss-German way of communicating - direct, concise and transparent. With time, I learned to appreciate this way of working, but this is certainly not ideal when talking about the condition of a systemic bank a few months after coming into the office.