I'm watching Hank Paulson on CNBC right now... I don't know. I've got nothing really well informed to say about today's event in New York, except that I still don't think this is over.
Also, how many billions of taxpayer dollars has the US government committed to rescuing automakers who can't make cars people want, or financiers who can't maintain solvent institutions? Now, how many billions have they committed to workers who are out of their jobs because of these various incompetencies at the top?
Canadian banks are saying they have limited exposure to the direct events of the day, but reality is that nobody but nobody has "limited exposure" to the possibility of the US economy coming off the rails. Especially not Canada, for God's sake.