The Bailout...
seems to be working pretty good so far. The market is down 350 or so after dropping 600 for awhile today. World markets are down the same and worse.
The Feds, Citi, Wells Fargo and Wachovia are fighting.
The Treasury Department is taking applications through Wednesday to administer the bailout. Applicants have to promise not to screw the government based on the applicant pools’ obvious conflicts of interest.
Meanwhile, the candidates are taking shots at each other, based totally on substantive subjects. Is Obama a consorter of terrorists? Is McCain considering an advertising campaign with the tagline, “McCain, the white Obama!”
The weather is nice, the living is easy, sorry for the baby rant.
2 comments:
And the circus is in my town. I can't wait.
Pretty soon everyone will have to do their banking at wachoviawamuchasewellscitibankofamerica.
But just think, with one bank, there will be no atm fees for using another bank branch!
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