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To understand the litigation and regulatory risks that are coming in 2024 for private capital, it is helpful to look back briefly on recent events.
Handle. >> well, as molly said, you know, she's just one of the latest of female employees at fox who have talked openly about harassment and filed a lawsuit, that successful lawsuit which gotten very substantial settlements. if you recall, we mentioned tucker carlson. before tucker carlson, you had bill o'reilly, right? he was known for harassing the female employees working for him. so, this is something where fox has a history. and what that means is, if you go to trial, you can expect them to come in and create more risk, more litigation risk. it also means that in the future, and they are...
Risk, more litigation risk. it also means that in the future, and they are gonna have trouble getting employees. i mean, you can't drop your workforce -- and i think that in order for them to have an environment where they don't have, potentially, a lot of litigation, for the people working there, they need to do changes, take some of the bad apples out like carlson, and transform the culture which frankly doesn't seem like they are doing. >> yes, to renato's point, kurt, tucker carlson's replacement, jesse waters, is not exactly a beacon of journalistic integrity. >> you know, there is someth...
Just too much for them to handle. >> well, as molly said, you know, she's just one of the latest of a string pf female employees at fox who have talked openly about harassment and filed a lawsuit, successful lawsuit which gotten very substantial settlements. if you recall, we mentioned tucker carlson. before tucker carlson, you had bill o'reilly, right? he was known for harassing the female employees working for him. so, this is something where fox has a history. and what that means is, if you go to trial, you can expect them to come in and it creates more risk, more litigation risk. it also m...
And secure a deal aimed at such shoring up its finances. in recent days shares fell sharply after weakness was found in its reporting, prompting the swiss national bank to step in with an emergency $54 billion lifeline. but there are a few provisos for the ubs takeover. lananh nguyen is the us finance editorfor reuters in new york, and has been looking at the details. there are actually many provisos. so the first is what we just recently and exclusively reported, which is that ubs is seeking $6 billion in government guarantees for credit suisse in order to do a deal. now, there's a lot of ris...