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. . . . you were in the cnn newsroom paula read in washington, jim acosta is off. we begin with the latest emergency act aimed at a time global banking crisis, switzerland ubs is buying the rival credit suisse after the bank lost 25% of value the past week as major depositors fled in droves. even as an emergency loan from the swiss national bank failed to shore up confidence. that bank says the take-over of ubs should, quote, secure financial stability and protect the swiss economy.

Jim acostaCnn newsroom paula read in washingtonSilicon valley bankCredit suisseSwitzerland ubsTime global banking crisisEmergency actEmergency loanSwiss national bankSwiss economyPubs should