Bankers talk will bring probably more molney to the auctions - on Friday the FRS effort was 30 Bln US$ to offer. The talks on this meeting will confirm farther borrowings from commercial banks which means the crisis is developing. They can not calm down market when all indicators are talking about recession threat is growing.

To us that means there is a bad financial environment to continue NOT\BMK\SPQ etc drilling activity and even more bright long term future.