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What Happens When $1 Trillion Is Floating Around Unchecked?

Posted on September 22, 2008

Nothing good, as this documentary demonstrates.But seriously, if you're a financial blogger, David Merkel of Aleph Blog is organizing some resistance to this bill. Mish has an open letter to Paulson here. and some phone numbers and emails of congressman here. Lots of uncertainty around the street on these new rules. Having some goofy expiration closes from Friday doesn't help make the boards look any more discernible.The *good* news I suppose is that SKF looks relatively normal today. Remember that normal involved a haircut from Friday since it closed above NAV. I have found no confirmation o...

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expiration , options , volatility