>So, Doug you think the Fed won't be able to manage the next big one? Is this
>just an public form of denegation--no, no really, the banks are really sound,
>despite that big sucking sound . . .? Are you really worried?
Yeah, I was just playing psychoanalyst, and also applying (Claud) Cockburn's law - never believe anything until it's officially denied.
Worried? Yeah, a bit. We may already be in the big one and not know it fully.
Doug