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Posted: 04:25 PM ET (CNN) — Treasury Secretary Timothy Geithner told CNN Thursday his department asked Sen. Chris Dodd to include a loophole in the stimulus bill that allowed bailed-out insurance giant American International Group to keep its bonuses. In an interview with CNN's Ali...

Intra-day low of 782.25 SPX just held again shortly before 3PM. Gives the Bulls some hope.

Maybe a "measured-move" down to 771 SPX?

Thanks Mu! Very big battle here between the financial stocks getting shaved with profit-taking vs the big rotation into the energy, drilling, coal, steel, and natural resource names. Big Battle. Triple Witch Expiration tomorrow too!

I would tend to AGREE. Right now, I have Timmy 0-2 and he's got one more pitch to make contact on, or else.

Forget Volcker. Larry Summers is the MAN, and he FINALLY made an appearance last Friday, thank God.

Sounds like you have a beef with Ben Bernanke and Bush's Treasury Secretary, Hank Paulson. :)

Heading down . . . 783 SPX as we speak. :eek:

SPX opens at 801.68

Wrong again kid. It was Senator Chris Dodd's fault. http://news.yahoo.com/s/politico/20090318/pl_politico/30833

I would tend to agree. If you actually know who 4-star General ( and former Army Chief of Staff ) Eric Shinseki is, you would know that he would be the LAST guy on God's green Earth to short-change the Vets. http://en.wikipedia.org/wiki/Eric_Shinseki#Secretary_of_Veterans_Affairs

Ever heard of counter-party risk? Think Lehman x's 100.

That news out of the FED today was super BULLISH. Tomorrow is critical. Hard to believe that the market will simply "roll-over" and head down into Wave 5 with this kind of news out. By the way, where was everybody today??? Still celebrating St. Patty's Day? :D

:D :D :D

You are totally right. This clearly wasn't a bipartisan endeavor. Treasury Secretary Paulson and the Bush Administration didn't have any say in this. TARP-1 wasn't their proposal. No blame on Congress either. The FED had nothing to do with AIG whatsoever. Zero. It's all a BLACK President's...

Mexico a good neighbor???

Fed balance sheet now goes from $1.8 Trillion to $3.0 Trillion . . . These guys are very SERIOUS about reflating the Economy. Wonder what the Euros will do now.

Got to 797.97 and now fading a bit . . .

The Fed announced that they are remaining vigilant on reflating the Economy by expanding their balance sheet by another $1.2 TRILLION. Currently at $1.8 Trillion, heading to $3 TRILLION! Buying $750 Billion in Mortgage Backed Securities . . . Another $300 Billion in US Treasuries, and...

Please explain your last paragraph. Feel free to be specific as it relates to the CDS "market".