Barry from The Big Picture jokes: "Hey, I took the week off -- what did I miss?"
Well, I am a fool who actually took the week off (in a part of the world with extremely limited Internet / Blackberry access). So what did I miss in poetic form? (note: this is coming directly from 18 hours of return travel so my sense of humor is somewhat completely out of whack)
- Lehman failed, wasn't bailed
- AIG is still alive, a taxpayer credit line of 85
- Morgan Stanley + Wachovia Bank, makes no sense but encouraged by Hank
- A bailout larger than the war with Iraq, a socialist government that has the rich man's back
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLsm4-_466OGrQhD_puFN6KtTf3nDCRrNOcPGdiIseIDt0yKOLDmV2NjXqJxlNgSmr7MQVbTmF3loQw1DDG4JDmqLSzhtHFRwJDuPC5KVCnWMa0TM_QbfrBi3mNlLPmheHjvArVb2Uyj0/s400/WeekNeverWas.png)
However, looking at the how the markets moved on a daily basis (credit markets shown below), one can see just how wild the ride was.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2RJ1-bKGdcn1-NZ4ztSQVo0In1_yE3jrh1nVQBGU54VPhWc7JCR7r50GZnZnsMs3g_a4TLhngio1wqxFs1fTY4Voao83LAaEPGH-DlN2ZQCRigyEEvavATbbD-07pbGmtefLOfD8AnVc/s400/OASWeekfromHell.png)
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