Again, those banks that dealt with Lehman should have been fine until Friday, when the bank was still posting collateral.

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UPS, BMO Harris Bank and Capital One will start posting soon.

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Bank of China led the way, posting a 16.6% increase in net profits over the same quarter last year.

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Lula enjoyed high economic growth until the crisis of 2008, but led the country together with its Central Bank president Henrique Meirelles through the crisis over the next two years, posting solid growth.

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The Swiss bank said the matter is still under investigation, but it may lead to UBS posting a loss for the third quarter.

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On Thursday the Philadelphia Federal Reserve Bank noted that factory activity in the mid-Atlantic region continued to slow in June with its index posting minus 17.1 compared to 15.6 in May.

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Yet in mad Minsk the central bank stood by an official rate of 33, 460 roubles to the dollar, and currency kiosks were obediently posting a rate of 42, 000.

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