This isn't over yet, the feds intervention will only delay the inevitable.

>>Saved by the Fed dropping interest rates.
>>
>>>>My guess 4.5%
>>>
>>>7%
>>>
>>>UK down 5.5 yesterday another 3 today. Say goodbye to your pension funds again.
>
>How much do I owe you.
>
>is it 50 billion. Oh no I've already given that to Northern Rock.
>
>Welcome to the world of high finance. They take the profits and if it all goes pear shaped we take the loss.