Some color on the bill itself [and a little more (opinion) from the writer]: source: http://www.traderdaily.com/column/1/24216.html Dear Trader, The Senate met last night to pass the Wall Street handout bill, also known as TARP (Troubled Asset Relief Program). It was a done deal on day 1 in my opinion; so when we witnessed the House defeat the bill, it was really just a dog and pony show for those members on the reelection bubble. Global central banks are ringing the White House phone off the hook to get it done - or else. The Senate version of the TARP bill contains three main sections; the actual stabilization act ... (full story)