It was announced today on CNBC that the CEO of AIG turned down his $22 million dollar severance package. If you want to hear some good discussion on various aspects of the bailout, this is a good channel to get it.

They were joking today, that the most powerful person after the election will not be the president but rather, whoever is appointed the new Treasury secretary. I think it would be a BIG mistake not to have some type of oversight, whether it be Congressional or other. The current administrative positions (appointed by Bush) of the SEC, Treasury and the FED allowed the excesses of the past couple years to occur. I'm not sure they should be allowed to administer $800 billion dollars of our taxpayers (and future taxpayer's) money without someone looking over their shoulder occassionally.

Just today, they expanded the number of companies that cannot be shorted to include GM, GE, American Express, etc.. I'm sure there are others that asking for this designation in order to help prop up their stock prices.

CD's and Bonds look better everyday, at least they preserve capital.