Sorry for the short diary. Haven't seen this posted but will delete if I do.
In the daily conferense call, Rick Davis said this:
There’s very little a candidate for president, and frankly after watching today, very little even the president can say about what’s happening in the stock markets other than to hope that they correct themselves.
Ooops!
So, when pressed by reporters on the current Stock Market roller coaster ride, Rick Davis goes out of his way to explain that the only thing a President can do is hide in his shell and hope for the best.
It's best not to make daily comments during a financial crisis. Unbelievable.
The rest from First Read