2.11.2009

You were expecting a present, honey?


Markets opened lower yesterday over skepticism about the Obama plan, and the sell-off accelerated after Geithner failed to provide many details of how key components of the bank rescue would work....



"It's like getting a beautifully wrapped present that you open and find out it's an empty box inside," said Diane Swonk, chief economist at Mesirow Financial, a Chicago financial services firm. "There was so much build-up, but it's still a skeleton of a plan."

[From US unveils massive bank rescue, unnerves Wall Street - The Boston Globe]

If that's the way you feel, we'll take our box back.



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