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for the record

aig kaput. read all about it in the mass media.
they will feature it aplenty and in lurid detail. “march is the new october”, or what?
dow needs to hold 6k this week, or all bets are off.
in other news:

(background: the eu head-of-states’ decision[de:] that there will be no eur160-190mrd blanket bailout for non-eurozone eu eastern europe.
i assume that if they would have had the bucks, they would have shelled them out with kisses, smiles and flowers. eastern europe’s economies are … read more