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Sunday, March 16, 2008

Staggering, but...

...I'm glad they're getting this done before the markets open. And I think it's good news. Yahoo reports that:

Talk about a bargain. It was trading around $30, and its all-time peak was over $150.

Still, this will do a lot to prop up the financial system worldwide. I expect a rough week in the market, but not as rough as it could have been. Still, I'm kind of amazed SO many people didn't see this coming. I didn't, but I don't work in finance for major investment banks, making the decisions that got us all in this mess in the first place.

Thanks, idiots. Next time, major in phys. ed., not finance. Then your gambling only wipes you out in the NCAA tournament pool.