DOW'S HOLDS THE SALE OF THE CENTURY
Because the world governments finally came up with a viable plan...
The bad news is -- I missed the sale because I had positions in Lehman brothers and Washington Mutual that I'd gotten attached. Doh!
"I have to admit, they have come up with something that makes sense," said trader Don Bright, who was skeptical of Washington's initial efforts to bail out the U.S. financial industry. Referring to the increasingly global approach that's emerging among policy makers, he said: "We have to do it this way. We couldn't do it without our friends, no matter how all-powerful we'd like to think America is economically."
The bad news is -- I missed the sale because I had positions in Lehman brothers and Washington Mutual that I'd gotten attached. Doh!