[TigerLikesRooster]

Ping!

[Cruising Speed]

I may be wrong but I thought I could detect the Plunge Protection Team at work on the markets today.

[2banana]

It will NOT help.

[Moonman62]

Mr Whalen predicted that if a bond insurer failed on its obligations, another insurance company, or a bank or an individual such as Warren Buf-fett would acquire the group cheaply.

That's my take. It was a problem but not a huge problem.

The reason the Fed cut rates is the world markets voted on W's stimulus plan and said it stunk.

[RightWhale]

Bond insurance, which some may have never heard of before, sounds like something that would trigger the Fed to change the rate.

[aShepard]

So, when’s the right time to buy some US Bank Stocks?

Probably not next week, but how about in a few weeks??

These guys have reserved for the “kitchen sink” based on all of their “potential” loan losses materializing, all based on what they have to do based on GAAP/FASB/SEC principles, but not real losses, not real cash.

Who knows how many sub-prime home owners will default, but certainly it will not be to the extent that the market has shed their stock value.

Seems to me to be a huge investment potential, just need to pick the timing!

??Thoughts anyone??