Has the Bailout Made a Difference?
Testifying before Congress Nov. 18, Treasury Secretary Paulson and Fed Chairman Bernanke each asserted that financial conditions are better than they would have been without the U.S. bank bailout.
Do you see any evidence that is true? Do the Treasury's capital purchases and other steps announced under the Emergency Economic Stabilization Stabilization Act of 2008 seem to be easing any of the stresses affecting your markets, your firm, or your clients and trading partners?