"Such a Deal" (On The Debt Ceiling)

``So they made a deal... in a week's time the Treasury will need to hit the market and raise around $150 billion in new cash, with Primary Dealers and other market participants having virtually no advance notice of what type of paper will be sold when. The last time the market faced anything like that was when they were raising money for the TARP in late August and September of 2008, and we know what happened to the stock market then. Splat!''