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an emergency rescue. the move is aimed the mat halti investors panic. turmoil swept the global banking industry. now credit suisse lost 25% of its shares despite a $50 billion l loan. gina, will this ubs move to halt the panic, will this work? good question. it certainly should help to secure some amount of comfort in at least europe about whether we were going to see an orderly resolution to credit suisse. i think this was hanging over markets. there s a lot of rush to get this done before asian markets opened. the fact they ve successfully done that i think should inject some amount of sense of comfort that these sort of things can reach a time lly resolution and authorities are on top of these problems. and how are the problems at credit suisse different than doomed the two others that failed last week? the think credit suisse s problems were many and predated a lot of the fed s moves. we had seen scandals in credit suisse and problems in their banking arm. we ....
Questioning what happens to the rest of these regional sized banks, are people going to be nervous about banks sit ogin a lot of unrealized losses or banks that have a lot of depositors? is this sort of merging of two global behemoths, is that enough to make everybody feel comfortable sitting in bank stops or do we continue to see outflows this week? we re going to have to wait for the open tomorrow to know that for sure i think. based on your reporting, are we past the worst of it right now? i think most people i talk to are still at the point where they re saying that s pretty much tbd, to be decided. they re not actually sure yet. it does seem there is still some jitteriness, certainly among depositors. and everyone is waiting to see whether people will see comfortable over the extraordinary things we ve seen ....