Faculty Notes

Prof. Ronald Colombo Quoted in Bloomberg Business Story on Credit Suisse Losses

Ronald J. Colombo, Professor of Law

Credit Suisse Confusion on Costly Trades Adds to CEO’s Woes
By Donal Griffin and Jeffrey Voegeli
Bloomberg Business
March 24, 2016


“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.”

Read the full article at bloomberg.com.