What a mad, crazy, insane week. I just listened to Paulson talk about the actions he wants to take, and I'm going to read and digest it all before I editorialize, if I do at all.
Here's what some others think:
Ann Sabbagh - ActiveRain
Tom Lindmark - Metropolitan Real Estate
Ann Woolner at Bloomberg: Sue Them, Jail Them, Make Them Pay for Meltdown (yeowtch!)
The Banks Get Their Presidential Pardon: You and I Bail Out Wall Street (Jeff Berg)
How much money? And what is the risk? (CNNMoney.com)
For many on Wall Street, including dirt guys, this has been a week of firefighting, and we'll see whether the actions being taken will calm the winds enough to get the fires under control.
Two other tidbits:
ProLogis -- dividend up, guidance down. Okayyyyy. Some think this company's had it anyway, as Richard Woon (yes, again!) stated the other day.
$32 billion of Lehman dirt on the market -- and then some -- and people raising cash to buy assets at the right price