[lbo-talk] Meanwhile over at Calculated Risk...

Michael Pollak mpollak at panix.com
Sun Sep 14 18:36:50 PDT 2008


On Sun, 14 Sep 2008, WD quoted gloomy posts at Calculated Risk, among which one said:


> I am across the street having late lunch (Old Ebbitt Grill) from US
> Treasury- and there is a LOT of activity-cars coming in and out and
> people walking over to White House. I eat here frequently and have
> never seen it this busy on a Sunday-something is up.

Oh, yeah. Lot's of rare things are up:

http://www.reuters.com/article/newsOne/idUSN0927996520080914?sp=true

http://www.nytimes.com/2008/09/15/business/15lehman.html

And it's only been one week after the F&F rescue. Boy that sure didn't stop the rot.

Michael



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