>> absolutely no >> i'm happy to say that vincent kaufmann joins us on the show.u for taking the time to speak with us. as background, the ethos foundation represents 220 pension funds that own 3% to 5% of credit suisse shares. you published a list of shares on friday of the top priorities to get the books in order, so to speak. clearly a priority needs to be a refocus again on risk governance my question to you is whether you think the bank can do that, but also keep its profitability in tact? in other words, can they cut down on the higher margin businesses, but also mark to keep equity return up in future years? >> that is a trick question. that is the issue for the board of directors for years in terms of the trading activities. we believe that the revenues were too volatile. very heavy in terms of capital and risk asset and also i would say costly in terms of traders' compensation that's why we welcome a new chair to the board it is the priority which is to review the strategy and, of course, risk management. we believe it is time to make some important chang