Lots going on and not much that I can see in the better-than-expected category.
The S%P is now down 3.5% ytd, which is more like it. I can barely remember the New Year's rally.
It's funny that Bernanke's superficial speech yesterday may have been a catalyst for others to reopen talks on getting bad loans off the balance sheets of banks, which was the original purpose of TARP.
CNBC's "Madoff watch" is retarded and makes me embarrassed to have this channel on.
Vik Pandit, Citi CEO is featured in a lot of headlines this week. The one yesterday claiming that his job is safe was dubious. The ones today insisting that he needs to dismantle the bank pronto seem more likely.
Yahoo has a new CEO. Carol Bartz, the former CEO if Autodesk. I wasn't a huge fan in her last role and she doesn't have much to work with here.
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