Your morning briefing. The news you need in just 15 minutes.
On today's podcast:
(1) The US looks at ways to guarantee all bank deposits if crisis deepens.
(2) Liquidity-hungry banks tap a key US backstop fund for more than $300 Billion.
(3) UBS sees its prospects downgraded after the takeover of its troubled rival.
(4) Credit Suisse bankers flood headhunters with calls as job cuts loom.
(5) Bloomberg's Editor in Chief John Micklethwait shares his thoughts on recent market events.