Friday, August 10, 2007
Oh... Friday is President Herbert Hoover's birthday.
Update: As I prepare to retire for the night reports are coming in that Asian financial markets are seeing steep sell offs in Friday morning trading. The Bank of Japan injected one trillion yen (about $8.1 billion) into the system to stabilize interest rates in short term loans between banks. The Nikkei Index (the Tokyo Stock Exchange) is down by just under 500 points or about 2.7% and the Korean Composite Stock Price Index is off by a little over 3%.