Suspicious. That's my world for it. Some big firms teetered, one collapsed. The Dow fell by about 10%. Suddenly, Uncle Sam pulled out his pen, and declared that he would write the banks a check to cover most of their bad debt. The markets bounced back. We are told that a financial meltdown had been underway.
Surely a remedy that easy and (seemingly) painless cannot be good for the country.
UPDATE: Krugman says no deal.