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Couldn't they have announced this plan weeks ago? No wonder the market is disappointed. The plan is no different than TARP I except for the private investment idea that WON'T WORK. They are trying to pass off all the risk to private investors. So much for a comprehensive financial bailout...

This really doesn't sound much different than what Bush and Paulson did with TARP1. http://www.nytimes.com/2009/02/10/business/economy/10bailout.html?pagewanted=1&_r=1&hp

Am I nuts?

Once again Stocky is wrong. HONG KONG (Reuters) - U.S. stock futures fell on Tuesday on uncertainty about a White House financial rescue package after a CNBC report of an altered form of a "bad bank" plan to buy toxic assets from commercial banks...

:D :D :D :D Futures are already rebounding, all be it slowly.

Haha I agree with that trade

Did anyone notice his demeanor? He was visibly shaking and didn't look comfortable at all while talking about the treasury market and oil.

MOS

The stimuli was good for a quick pop though.

There is a good possibility of $2 TRILLION in bailout/spending being announced/passed tomorrow. What do you think is going to happen? Buy now and sell in a few weeks.

But the great Obama is going to save us all with his spending package!

Government won't let the market go any lower.

The worse the numbers the stronger the rally.

Wrong, we never got to the lows.

Haven't been hearing much about Cali being bankrupt

Hahahaha now there is talk about the Senate voting on the stimulus bill today.

The trend says we will move up several hundred points today. Thank the government for allowing investors to talk about relaxing mark to market rules. Once again, if you can't fix the problem just change the rules.

Government could strong arm them back with N-A-T-I-O-N-A-L-I-Z-A-T-I-O-N

Anyone know what caused that spike for a span of a couple minutes? The market shot up right as it occurred. It was just enough to bring the price back above $5.00.

There will be many many more to come.