But Will It Work?

I have to admit that earlier in the week when the bailout was in doubt and I was arguing with non-Wall Street people on how the markets need action over inaction, that horrible thought kept nagging at me: What if this doesn't work?

I doubt that anyone truly thinks that this is a sliver-bullet solution. Hopefully this will shore up the global markets and other central banks and governments will follow suit with their own packages soon.

For the investment banking community, the news is still grim