If you took a 15 inch artillery shell moving at the velocity it typically goes at, and take that amount of kinetic energy versus the resistive capacity of a sheet of tissue paper, that's the scale that we're looking at here.
Credit Suisse has had its share of mishaps during the crisis but it was quick to scale down its balance-sheet, has plotted a credible strategy for its investment bank and pulled well ahead of UBS, its main rival in wealth management.
It is a gold producer, but it is producing in West Africa, so we give it a little bit of a discount on a geopolitical scale, but it has an enviable balance sheet.
