On Mon, 17 Mar 2008 19:52:23 +0000 (UTC), NunIssue wrote:
>Is there an Extended Bank Holiday in the immediate future?
I don't think you can shut down like they did in the FDR days without
massive dislocations.
>The "unusually heavy" volume of bank and ATM cash withdrawls
>this afternoon seems to sup****t those rumors.
Spring Break and the Easter weekend.
>The average person has no understanding of Bear's failure and
>interprets it just as a massive bank failure presaging a new
>Depression.
The average person doesn't know the difference between a bear's stern
and Bear Sterns.