treasury presses with plan for toxic assets, page-11

'What do they mean by "resume more normal lending"? Like dish out a few more sub-prime loans'

lol! that must be what it's all about. i cannot 4 the life of me keep track of all these bailouts.

'somehow, these "toxic" assets will be purified one day and become valuable enough to be sold...when will that day arrive?'

inho2, that is the crux of it. what on earth are they thinking?

so i don't understand how this bear rally has come so far, esp. in the financials sector (esp. here in Aus). about a week ago i thought the iminent retrace will be smaller than the rally. now i'm not so sure. imho, once the dust settles, the retrace back down could well take the US at least, back to where it rallied from. & we'll follow pro rata. any thoughts?