Further on that instantaneous market

Calculated Risk just pointed to the joint statement from the Fed, Treasury and FDIC. What I find amazing is that the post was timed at 12:19am, Eastern Standard Time. By the time I looked at it, 1:30am EST, there were already 162 comments.

That says that vast numbers of people globally see Tanta as the go-to source on the financial crisis. Quite right, too.

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