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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 10:37 AM
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MarketWatch: White House denies considering closing stock markets
White House denies considering closing stock markets

By Greg Robb
Last update: 11:30 a.m. EDT Oct. 10, 2008Comments: 3


WASHINGTON (MarketWatch) -- The White House denied Friday that it had any intention of closing financial markets. "There are absolutely no plans or discussions to interfere with the functioning of markets in the United States," White House spokesman Tony Fratto said in an email message. Earlier Friday, Italian Prime Minister Silvio Berlusconi had given conflicting statements about the possibility. He first told reporters that the idea of financial leaders closing markets was on the table, but he later told reporters that his only knowlege of such plans came from reading media accounts of the financial crisis. Berlusconi also said that G8 leaders may have a meeting to discuss the crisis in coming days.


http://www.marketwatch.com/news/story/white-house-denies-considering-closing/story.aspx?guid=%7B3A512148%2DBC0F%2D4FE0%2D9FDC%2DAC604C18C514%7D&dist=hplatest
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lumberjack_jeff Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 11:06 AM
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1. This is the punchline to the question "How bad is it?" n/t
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 11:49 AM
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2. does anyone really believe a word that Tony Frat-boy Fratto says--I mean really...why
bother even sending him out there.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 11:50 AM
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3. Which means they are
and it would be the SANE thing to do... a banking vacation...
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 11:52 AM
Response to Reply #3
4. Yeah, it will likely be discussed this weekend, but it's pretty foolish to discuss it...
...while markets are open, right?
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 11:52 AM
Response to Reply #4
5. correct, they should have closed the market today
monday it is not open in the US anyways
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:02 PM
Response to Reply #5
6. Really? Why?
:shrug:
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