Monday, September 8, 2008

Weekend Bailouts and Subsequent Market Reactions

(The Big Picture-Barry Ritholtz) Another weekend, another bailout, another market reaction:

How many Sunday press releases is it going to take to save the financial system from ruin? If you’re are keeping score at home, this is now the sixth Sunday night/Monday morning press release in 14 months aimed at saving the financial system. Consider the recent history of these weekend rescues:

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