Waaaagh!

McCain is wrong...

It's not one man who's responsible - it's systemic.

Still - Cox shouldn't be allowed to resign. He should be drawn and quartered. Not figuratively... literally... on pay per view... and the proceeds donated to Balthazar's memorial home for wayward girls.

The liquidity crisis continues today (explanation)... and so long as people keep pulling money out of money market funds out of fear the commercial paper market will continue to tighten and it's going to keep getting worse. Hell, the fed already tossed $630b into the fire and said 'price the assets however you want'... how much more can these crooks want in this nightmare - all the mackerel?.