Several of the worldâs biggest banks are in talks to put up about $75 billion in a backup fund that could be used to buy risky mortgage securities and other assets, a move designed to ease pressure on a crucial part of the credit markets that threatens the broader economy. ... http://www.nytimes.com/2007/10/14/business/14bank.html
I read it was closer to $80 billion, but I don't think that matters, seems there isn't any risk when you have 3 major banks pooling together billions of dollars to prevent one of the worst financial collapse in history. This should help the market to new fresh highs tomorrow.