Sunday, September 14, 2008

What a weekend!

Not only do the Redskins pull a rabbit out of the hat, it seems that one of the two teetering financials has done it as well. After a crazy weekend, it appears that Lehman will go through a bankruptcy liquidation while Merrill gets acquired by B of A. There were some empty country club golf courses this weekend as CEOs and fed officials worked around the clock to try and duct tape the financial markets until the next crisis. Another Sunday kick save.

The markets should crap the bed tomorrow, but you never know what the bulltards will do with this news. It's beyond horrible, but they might just see it as an "offsetting fouls" do over. I've given up hope of trying to guess the equity markets at this point.

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