Thanks to Leo for pointing out that the WSJ's Jon Hilsenrath has reported that the Fed is considering reopening swap lines with central banks, likely in conjunction with the rumored rescue package. This is the news that shot the market up in the last 10 minutes of trading as the Fed would never allow the market to close at the days lows, as it was preparing to do. "Apparently New York Fed President Dudley and Vice Chair Don Kohn are in Basel this weekend for an already scheduled meeting with European central bankers. A Sunday announcement seems like a growing possibility." Lehman weekends are back baby. And with that, we are paging Alan Grayson, who personally had a thing or two to tell the Fed lunatic about bailing out the world ever again without getting prior approval first.