Just a day after the market digested the idea of the government taking control of Fannie and Freddie Lehman is under heavy pressure once again, proving the point that the government bailout was no panacea for the financials. The S&P is down nearly 19 points knocking the dollar lower across the board.
The break of $104 in oil could help limit stock losses on Wall Street and could cushion the dollar decline that is underway. EUR/USD trades at 1.4130.
