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  2.30 pm Tuesday. After some initial volatility the markets stabilised to see what happens on Wall Street.
  
  I find it strange that the USA legislators can just close down for a couple of days in the middle of an unresolved crisis because of a Jewish holiday. It may work out for the better though, providing time for some cooling off and to take stock. Legislation on a revised rescue plan probably wont be seen until Friday, I just hope a lot of work is being done behind the scenes to sort a deal. I am concerned that anything that emerges wont be seen to be good enough but at least any deal would bring a end to the uncertainty and that is the first pre-requisit.
  
  In the UK Osborne is visiting Darling, DC and Brown have spoken and DC made a speech (much praised) calling for a bi-partisan approach and offering co-operation. There are a number of actions that can be taken which will help provide some stability and DC has offered help to HMG in getting any legislation through. I hope GB takes up these suggestions and perhaps recalls Parliament for Friday (or even Thursday) in response to the crisis.

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