Dee-fense! Dee-fense!
Buying ahead of 90.00 barriers is helping stall the USD/JPY and EUR/JPY slide. Lows of 90.17 have been seen thus far but rebounds are minimal,
Just crossing the wires are proposals from Barney Frank to amend the TARP bill. One of the provisions is to force all recipients of TARP money to divest themselves of corporate aircraft. Look out below in the used jet market…
