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and anna stewart is now with us. ana, thanks for joining us. how exactly will this work? what are the next steps? well, it s really interesting just looking through some of the detail we re getting, and there s been a huge press conference with the swiss government and the various players like the central banks and the regulator. ubs is essentially paying 3 billion swiss francs here. that s $3.25 billion, it s actually 60% less than the bank was worth. though as rana was saying there, ubs is getting credit suisse at a snip here. it s also, from the press conference, very clear that everyone is very keen to say this is not a bailout. this is a takeover. however, the swiss national bank, the central bank of switzerland is going to provide a loan of up to $100 billion swiss francs, that s over $100 billion to credit suisse and ubs to boost liquidity and the federal government says they will give ubs a guarantee in the amount of some $9.7 billion for potential losses. ....