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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Peter Ecclesine who wrote (28118)10/3/2008 8:52:50 PM
From: axial  Read Replies (1) of 46821
 
[Frank, my read of global reaction to the bailout is: not good enough. That means we're still in crisis. For that reason, the following...]

Peter, this piece dovetails nicely with your linked article. Monday's outlook is uncertain; many believe the Plunge Protection Team will be at work over the weekend.

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"(What we are avoiding is the downsizing of a financial sector that is still remarkably oversized, and a capital allocation system that is an unsustainable mutation of a free market. We can waste resources recapitalizing banks but without systemic reform we have accomplished nothing except to feed the instrument of our duress. - Jesse)"

The Coming Collapse of US Treasuries and the Dollar and the Role of the G7

jessescrossroadscafe.blogspot.com

Jim
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