Good commentary. It would seem that the drastic steps taken over past weeks by US Treasury is at long last working it's way through the Finanicial System and calming things down.

The problem was huge and it wasn't going to be whipped in a day or two. Seems like everything but the kitchen sink has been thrown in to put backbone into the World Financial System. Nice to see it finally have desired effect.

Not that everything is settled by a long shot but if the panic is removed and fear dealt with over time we'll come out the other side wiser if also a bit poorer.

Now the Auto Industry is another problem and likely no place for Governments to interfer with.