Markets Soar, but New Rules Upset Traders

Henny Ray Abrams/Associated Press
Michael O’Connor of Bank of America directed trading on Friday at his post on the floor of the New York Stock Exchange.
"After a week of escalating panic in the markets, stocks soared for the second consecutive day on Friday, and many investors rejoiced. But below the surface, a new sense of turmoil set in. When Washington changed the rules of Wall Street, winners were turned into losers and losers were turned into winners, and both camps were left fearful about what would come next." By VIKAS BAJAJ, ANDREW ROSS SORKIN and MICHAEL J. de la MERCED, NY Times

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Who Do You Love

I know, let's make stocks going down illegal.

I guess owning banks is now the safest investment in the United States. The government will not let them go under, the government will not let you short them, in fact I don't think you should be able to speak badly of them.

Does this remind anyone of bureaucrats gone wild, aka, Atlas Shrugged by Ayn Rand.

Is there an election going on some where?

Vast Bailout by U.S. Proposed in Bid to Stem Financial Crisis
"The head of the Treasury and the Federal Reserve began discussions on Thursday with Congressional leaders on what could become the biggest bailout in United States history."
Edmund L. Andrews, NY Times

Win McNamee/Getty Images
The Federal Reserve, with help from the Treasury Department, led by Henry Paulson, above, is taking more risk from markets.

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Who Do You Love, written by Bo Diddley