What a day! President of Exchange: [Randolph Duke has just collapsed with shock] Mortimer, your brother is not well. We better call an ambulance. Mortimer Duke: F**k him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on! [shouts - it echoes pathetically throughout the trading hall] Mortimer Duke: Turn those machines back on!
Early this morning Art Cashen on CNBC looked like that stricken Duke brother. He literally looked scared shitless and was going to puke.
So where do we go from here? Has the banking system suffered unrecoverable systemic damage? How many billions upon billions more will AIG shed. How many more bailouts?