Treacherous Times

From thestreet.com 9/21/08

The upheaval in the financial markets in recent days has been treacherous. The 4% swings of multi-trillion dollar markets is both unprecedented and unsettling. But we have to take some solace in the fact that the indices ended this past week virtually unchanged, thanks to a lot of help from the Federal Reserve, the Treasury, the White House and even Congress.
You know all the numbers: the $700 billion Treasury wants to use to rescue our financial system by buying bad mortgage-related debt, the $85 billion loan to AIG, etc.
Of all the week's events, Tuesday morning stands out most in my mind......
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