FDIC Said to Weigh Six-Month Extension for Debt Guarantee Program

[Daal]

Interesting, just what kind of V recovery and 'end of the financial crisis' is this where the government needs to backstop the debt of banks?

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahxfcz1.ZZTE

 

[IanMacQuaide]

Reading shit like that just convinces me we're about to step off into the abyss.

 

[JamesVU2000]

No one has any idea whats going on. My guess is the whole country is on the verge of total collapse.

Just watch bonds and the currency.

 

[nazzdack]

Quote from Daal:
.....what kind of V recovery.....

There can still be a "V-shaped" recovery only if you believe that the tip of the "V" still hasn't been hit yet.