well joining me now is my colleague to ponder chim belew he's been following the story for us to ponderthis reads like a thriller but why is it all going down now why is this ouster happening now exactly this finding revelations came out the beginning of total tobar last year and since then of course it's been an interesting story in the banking industry but it wasn't until the revelations in december that involved spying on the human resources manager peter gergen that this really kind of picked up in terms of steam and pressure on former c.e.o. to step down and of course then today we heard from they hate us with credit suisse cham and. who said that they had to reinstate credibility and trust in the banks so all of those spying allegations kind of harmed the banks reputation and this is the efforts to reinstate that and help with the station well whoever said banking was boring right but tell us more about the man intending to replace him where he couldn't be more different from to his swiss through and through his education where he started work instead of work at competitor u.b.s.