Financial stocks, particularly regional banks, are utterly tanking right now, particularly Ohio banks. Fifth Third, National City, Key Bank, and out in California FirstFed Financial all having a really, really bad day. FDIC can process and sell these banks off, they're not large enough to pose any kind of threat to the economy.
Just, you know, my job.
[UPDATE] House GOP buried the bailout. Dow off 700 just after the vote, now off 450 or so. It's chaos.
"Now what?", the universe asked, breathlessly.
"I don't have a clue," the universe replied.
GO HOUSE REPUBLICANS! (Damn, that feels weird.)
Monday, September 29, 2008
Bloodbath: The Lossification 2 The Revenge
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment