Was that it, then? Like disappointed teenagers skulking out of an overhyped horror film that failed to live up to expectations, readers of the breathless stories about a global financial meltdown this summer may be left wondering what happened to the blood-curdling climax of this sensational plot. Where was the longed-for mass murder of private equity billionaires? What about the sadomasochistic suicide pact between hedge fund managers and investment bankers?

Where, most importantly, was the hysterical rate-cutting by fear-crazed central bankers that was supposed to bring this disaster to a classic slasher-movie climax?

Let’s start with the end - since it really does now look as if the worst of the summer crisis came to an end last week. It is now clear that the emergency rate cuts and other panic measures that many investors had been screaming for throughout the summer - and which puritanical pundits were rather prematurely denouncing as an immoral and reckless handout to greedy, undeserving financiers - are not going to happen.
http://business.timesonline.co.uk/tol/business/columnists/article2373877.ece