Tim, on the other hand, understands that success comes down to whether one of his 50, 000 front-line associates with a few discretionary minutes decides toleanagainst a wall or clean tables.
In partial data for 2010 (only through the first quarter) dollar flows were near zero and euro flows were substantial as the Swiss, in particular, acquired a large amount of euro reserves (to leanagainst the record level of the franc versus the euro).