Monday, March 23, 2009

TALF Rally

Futures are up big as the public/private partnership to buy toxic assets idea is being met with some optimism. At least it's finally out there. The question remains whether it will find any participants, as under-the-radar institutions don't want to get be subject to TARP-like fallout.

It looks like CNBC is very excited about TALF since it is very comlicated and gives them something to talk about.

The dollar is still getting hit but will not go to zero.


Skype is targeting the business market. Good luck. We have been using it for years and the quality stinks. Free only gets you so far.

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