[Symnunidanimb]

The stimulus package was never designed to be an miracle, over-night pill. The banking reform package announced last week by the US Treasury department are not detailed enough, and only given broad sketches by Geithner.

That's why its only the beginning. The stimulus package is to put in some money into the money cycle, so that it can reduce the impact of the recession, and help stem unemployment and wage droppage. The real deal is to reform the investments and normal banks- and that takes time and even more detailing by the Treasury department.

And it has to go deeper than the current measures announced by Secy Geithner. Until they realise that some of these banks have to be nationalised- that's not an option, but a must in some cases- as proven in the Japanese and Swedish banking crises, the banking confidence will not be fully restored. And if very little people trust the bank with confidence, its likely this crisis would be prolonged. Up to this stage, we simply cannot rule out anything, even bank nationalisation(but the govts should appoint experienced, clean, reform-minded professional bank managers, and not old time civil servants).