I like Financials a lot but they are the force driving down the DOW and all other major stock markets in the world. Please take out the Financials and put them on a new Bailout Board. I am sure investors holding shares in Financials can't object to such change! Why? The stocks will not do worse if they are listed in the new Bailout Board. On the contrary, the stocks must do better. Only those who like to hold long will play in the Bailout Board and they will not sell short!
The rest of US is doing fine really fine. The MNCs are earning good profits on a global level and the housing or credit crisis inside US won't hurt them. Of course, you may earn less owing to the domestic slowdown but so what? MNCs are still making good profits. There is no reason why their stocks should fall with the unfortunate Financials. These giant banks and investment banks who are genius graded professionals made mistakes that no one can deny and it is grossly unfair, unjust and uncivilized to keep in the same boat with other healthy industries in the DOW. Quarantine the Financials!
If you have a deadly virus spreading round the world and no one can find a cure, the only way is to quarantine the patients and virus carriers. It is absolutely dangerous to everyone in the world to allow these patients and virus carriers to go into the open. Ask the CDC to help!
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