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Market Update

Things are looking pretty weak here.  "Hanky-Bernanke" better come out with some announcement soon.  Perhaps, "A chicken in every pot, an iPod in every hand, free ice cream and candy, pony rides, AND we’ll pay your mortgage for 10 years."  Yep, that could do it.

STIFEL NICOLAUS CUTS AIG TO HOLD FROM BUY (TIMING UNCERTAIN)
- Stifel cites "massive uncertainty" surrounding the future performance of the company both on an
  operational and investment basis

No offense Stifel Nicolaus, but didn’t you think last quarter was more than a first clue.

NEW JERSEY REPORTS APRIL CASINO REVENUES $365.5M, -7.9% Y/Y
- TRMP Marina, Plaza and Taj Mahal $74.1M v $80.2M y/y

Well, I’m not surprised.  All the gamblers are on Wall Street.