°¿°

[Myself °¿°]

% perspective notes :
prvcls 427.45 + 4% = 444.548
prvhgh 445.84
prvlow 397.34 + 12% = 445.0208

Sum it up
They agree on unity.
They a agree on a three-part plan. incomplete
They agree things are messed up and agree it needs to be fixed. Meanwhile don't worry
the Ausi's have a guarantee of all bank deposits and we'll do whatever it takes to fix this mess.
Ausi's guarantee of all bank deposits is simply verifying a serious crises is at hand.
Sounds to me like a speedy nonproductive weekend to agree how bad it is and a partial plan how to fix it.
Where has the plan been put into action... am I missing something... where is the action?

G-7 action plan must be carried out swiftly

Global leaders race clock as IMF endorses G7 plan

FACTBOX-Financial rescue plans by G7 and other countries Below are details of the financial rescue plans already in place or under consideration by leading countries: UNITED STATES - $700 billion plan, excluding Fed programs: - BANK CAPITAL: The U.S. Treasury can inject capital into financial institutions, including insurance companies, that seek government aid. - BAD ASSETS: The Treasury can buy up troubled mortgage assets from financial institutions. - BANK DEPOSITS: insured up to $250,000 per account. The Treasury can lend an unlimited amount to the bank insurance agency to ensure depositors in failed banks are repaid. - ACCOUNTING: Securities regulators can suspend mark-to-market accounting, blamed for forcing financial institutions into insolvency when market value of assets plunge or are unknown. Continued...

World Leaders Offer Unity But No Steps To Ease Crisis

Morgan Stanley, Mitsubishi UFJ Renegotiating Terms (Update2)

Investors Brace for Decline In Wells Fargo's Net Profit

Australia to guarantee all bank deposits

Paulson expects G20 to endorse G7

G-20 pledges joint action to tackle global financial crisis

After G20, focus now shifts to Europe

European Leaders Agree to Inject Cash Into Banks

Europe leaders agree on bank rescue plan

European leaders agree crisis rescue at summit

Investors face more uncertainty as bailout widens