Psychosis-inducing juxtaposition of the day:
Paul Krugman writes: "The mother of all currency crises"
contrast with the near business-as-usual tenor/tone of Thursday's hearing:
Turmoil in the U.S. Credit Markets: Examining Recent Regulatory Responses
I don't want to bust on the Senators. Many are so obviously concerned. But, when I heard something about addressing some issue in the hoped-for, lame-duck session, one has to feel like they are living in a different reality, as if the world is waiting for decision-makers' ... schedule.