Well, a couple of days ago I said the bailout might work for a month or a year....Seems I was being optimistic.

The markets continue to fall.   How do we inspire confidence into the banking system?
Do they deserve to survive? Would we really be worse off if they were allowed to fail and the fat cats punished.

Or was it all a desperate attempt to salvage some "political capital" from the chaos.....Ake


Neither here nor there, but I believe most people realized that it was going to get worse before it got better, and things would still look dire. I think thats whats going on here now.