The news is full of information about the bail out plan that now is accepted. Could this be seen as the beginning of the end of the current credit crisis? Well, i have no idea.. i know to little about it. WSJ is reporting about the bill here - which increases the liquidity of the US financial market with approx 700 billion USD.
This graph by NY Times pretty much shows how much the financial firms have lost in equity value... Insane, that is a word that is appropriate.
2008/10/02
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