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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (7686)	9/11/2001 4:19:47 PM
From: Think4Yourself	Respond to of 23153

There were a lot of financial institutions there. It amazed me when CNBC read off the list. Dick Grasso just announced no trading tomorrow (NYSE, AMEX, NASDAQ). Probably a good thing to prevent panic trading. People need time to digest the event. Although tragic from a humanity standpoint I really don't see much business impact from all of this, other than a possible short term mess for the financial institutions to clean up (lost records, computers, etc.) NY Fed has guaranteed adequate liquidity to help financial institutions through the crisis. This should go a long way towards reassuring the markets. I believe that in the next few days we will see just what makes America great. Americans tend to respond very well in crisis situations.