woooshh and toot toot, page-23

Banks were rocketing up,

MF GLOBAL [MF] +16.03%
MORGAN STANLEY [MS] +9.26%
WACHOVIA CP [WB] +6.61%

MF Global Reiterates Strong Liquidity Position
Wednesday March 19, 9:34 am ET
http://biz.yahoo.com/bw/080319/20080319005706.html?.v=1

NEW YORK--(BUSINESS WIRE)--MF Global Ltd., a leading broker of exchange-traded futures and options, indicated today that repeated rumors regarding its liquidity position are without merit.

MF Global retains close to $1.4 billion in unused committed liquidity facilities, which have not been drawn upon in the past two weeks.

Its equity derivatives business continues to perform well globally and the company has raised margin requirements as a result of continued market volatility and dislocations.