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a move aimed at restoring confidence in the banking system and preventing public panic during financial storms.

Barrels full of opium on street corners might be more effective. Most would no longer care.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jul 12th, 2010 at 06:04:31 PM EST
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Note the emphasis is on preventing public panic not preventing financial storms.
by ATinNM on Tue Jul 13th, 2010 at 11:06:25 AM EST
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