Multiple of $50B, agree

Obviousely mkt is going through this scare now, some flight to safety to buy US T, making yields going lower.

We have not heard anything from Fed yet. Fed may be working on it now. We will see what kind of "Fed put' is going to come out, and mkt will rally big time from at that point.

>=$50B is all used to finance subprime, the houses sold to the subprime borrowers, and that is a good thing to the economy. Fed will take care of this problem. It's a problem commited with a "good intention", politically.