Reflection on the early effects of the modified, super-duper-amazing Paulson plan to save the Some explanation: the chart on the left is the TED Spread, which shows the difference between the interest rates on interbank loans and short-term U.S. government debt ("T-bills"). Basically that's what shows the willingness of banks to lend to each other and ultimately to their customers (and it says DO NOT WANT! to lend you money...)
On the right is simply the DOW, NASDAQ, S&P 500 indexes in free fall (as of 15 Oct.)
