CAN $3.23 BILLION SOOTHE GLOBAL MARKETS? Swiss bankers and their counterparts elsewhere worked through the weekend to finally nail the Credit Suisse purchase by its longstanding rival UBS. For a not too heavy commitment of $3 billion and then some. Now, has that done enough to cool everything down, not least the fevered minds of investors worldwide? Not from the initial look, with Asian markets sliding significantly and gold rushing back to over $2,000 an ounce, confirming its safe haven credentials. Sure, it could take some time for the UBS deal to filter through markets and investors, but there isn’t much of that valuable commodity left. Can the Federal Reserve step in to some cooling off for the markets? Whatever be the case, it could be an edge-of-the-seat 48 hours or so. (By Manoj Nair, Business Editor)