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Math. 92, No. 1, 1-26 (1992; Zbl 0761.55002) by \\textit{R. B. Melrose} and \\textit{P. Piazza}. In this paper, the authors compute the \\(K\\)-groups of the norm closure \\({\\mathcal U}(M)\\) of this algebra. Identifying \\(\\psi^0_b(M)\\) with a *-closed subalgebra of the bounded operators on \\(L^2_b(M)= L^2(M,\\Omega_b)\\) (corresponding to logarithmically divergent measure), its Fredholm elements can then be characterized by the invertibility of a joint symbol consisting of the principal symbol, in the ordinary sense, and an ``indicial operator'' at each boundary face, which arises by freezing the coefficients at the boundary face in question. The principal symbol map \\(\\sigma\\) has a continuous extension to \\({\\mathcal U}(M)\\) with values in \\(C(^bS^*M)\\), where \\({^bS^*}M\\equiv S^*M\\) as manifolds. The algebra \\({\\mathcal U}(M)\\) contains the algebra \\(K(L^2_b(M))\\) of compact operators on \\(L^2_b(M)\\); the quotient \\({\\mathcal D}(M)={\\mathcal U}(M)/K(L^2_b(M))\\) is called the algebra of joint symbols since it involves both the principal symbol and extra morphisms giving the ``indicial operators''. By using the indicial maps, a composition series for \\({\\mathcal U}(M)\\):    \\[ {\\mathcal U}(M)\\supset J_1\\supset J_1\\supset\\cdots\\supset J_n,\\quad n=\\dim M, \\]  is constructed and the subquotients of this composition series are identified as the sum over the boundary faces of dimension \\(\\ell\\) of the \\(C^*\\)-algebras of continuous functions vanishing at infinity on \\(\\mathbb{R}^{n-1}\\) and taking values in the compact operators on an associated Hilbert space. The end cases are: \\(J_n\\cong K(L^2_b(M))\\) and \\({\\mathcal U}(M)/J_0\\simeq C(^bS^*M)\\).   The \\(K\\)-theory of each of these subquotients is readily computed, and this leads to a spectral sequence for the \\(K\\)-theory of \\({\\mathcal U}(M)\\). The relation between these results and the \\(\\eta\\)-invariant is discussed.   Finally, some results on the equivariant index of operators on manifolds equipped with a proper action of \\(\\mathbb{R}^k\\) are 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