FRIDAY JULY 11
We Are Going to Hell in a Handbasket but at least Henry Kaufman is on the Case

As the imminence of total financial chaos in this country looms closer, it's good to know that we have noted economist/analyst Henry Kaufman thinking about such calamities coolly and shrewdly. He's given it some thought and says he has devised a couple solutions (see below) and at this stage of the game whether or not they make sense almost feels beside the point. If anyone has anything else, send it along and Mr. Treasury Secretary if you read TraderDaily and I know you do -- feel free to write in with some feedback.

By: Michael Martin
July 2008

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