"Cramer said it was time to buy it. Looks like a good move on my part."
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Oh yeah.
Amazing. 1.25% drop in 9 days. They must be really scared sh$tless about the condition of the credt markets right now trying to buy these banks time to sort out those level 3 derivatives.
Overall, I don't think it's a bad move for the overall economy and it will help out lots of ordinary americans, at least in the short run. But now Bernanke will be seen as Wall Street's biggest stooge, although that is not why I think he did it.