Bye Bye Banks and Wall Street

[Alex]

I didn't say they should pass the bailout. I said that whatever they are going to do they need to make it a certainty, whether this is passing a bail out or not.

As things now stand nobody people who need to be making important decisions at various companies (and not just financial companies) are hamstringed because they have no idea what the marketplace will look like in two days. "We have a deal, no we don't, we'll keep talking for a week, we have another deal, oops now we don't, we'll try again but we'll definitely get a deal that will look roughly like this or something completely different."

Uncertainty is the great cause of the short term problems and by dithering the government is just making it worse. I'm fine if they end the dithering by saying absolutely that the sector is on its own.