observation

Today Sheila Bair, had a speech about the banks.... and as a Sweet little head fake, Paulson spoke at the same time, knowing that The treasury secretary trumps the FDIC on CNBC.

I'd suggest that it's intentional to take the focus off of the bank info, and onto Paulson.

This is one of the brilliant things about Paulson, and yet... Nobody is bigger than the market. one could suggest that these moves slowed the correction down over the first 9 months of it, and exacerbated the october move. So not so brilliant. It is interesting.

I am still a little bummed that Bair isn't the new Treasury secretary.