Here's iTulip's scathing video on the sub-prime lenders and special pleading from Jim Cramer; and according to this, it was $323 billion pumped into the banking system in 48 hours, not $266 billion.
The Dow closed down 207 points yesterday, anyway. Perhaps you can't pump up a burst balloon.
And gold, which one would think should have an inverse relation to the market, has lost $5 an ounce, too.
Things do look a little concerning.
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Keyboard worrier
Wednesday, August 15, 2007
Subprime update, plus Dow and gold
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