I guess this "bailout" (actually the financial system is in a medical
condition of beeeeeeeeeeep, indicating the patient is creditdead) and
the better use of english would be "get it on life sup****t".
And the news today is only getting worse and worse.
1. LIBOR increasing (which increases the stress on consumers with debt
tied to LIBOR)
2. Short-term commercial paper is disappearing.
3. The short-sale ban is killing the convertible bond market.
4. Housing down, durables down, unemployment up.
Little dudes, my advice is PENDING....
