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Friday, September 19, 2008

Comments

Vanessa

Thanks for the article, I agree its about time someone is taking action. People are worried and all the panic talk on TV doesn't help so I'm avoiding it! And Independence Day is one of my favorite movies, I always watch it when it comes on cable.

Alex Tolley

If the action is just to replace toxic debt with treasury securities, it will be the biggest bailout in history with the taxpayer footing the bill. I'll await the details before I decide whether it is good or bad. Clearly the markets liked it today, we'll see how they digest it over the next week or two as details are made available.

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