That $700 billion financial bailout passed by Congress and signed by President Bush is a big package.
 
But wait, there's more....... The total amount of federal money spent or being put on the line to rebuild the nation's
financial system is considerably more once various other steps potentially involving taxpayer
money are taken into account, easily running into the trillions.
 
Situation is getting worse day by day. The G-7 agrees today that the current situation calls
for urgent and exceptional action.
 
In another news, The Federal Deposit Insurance Corp. (FDIC) on Friday formally approved
the increased insurance limit of $250,000 per regular account that was part of the financial rescue
legislation enacted last week.
 
Should I call it a BLACK FRIDAY ???  You decide !!!
 
 
Sincerely,
Barron Sokol
 
http://www.CollegeStock.com