[Cowperson]

I think its fairly poetic as well this happened only a few days after the incident-free Royal Weddingi.

In the days and months after 9/11, you saw extreme fear overtaking common undertakings and it lasted for years.

In the month after 9/11, New York Giants fans who had held season tickets for generations were cancelling them, people were selling their Manhattan apartments for fractions of their worth and, more personally, upon winning a trip to LA from the Flames and inviting some people to go with me, spouses were concerned LA might be vaporized while we were there and wondering how we'd get back over the border. Seriously.

Through to at least 2003, any hint of terrorist activity or actual activity would send stock markets plunging, a hint of the real impact that exceeded the loss of two office towers.

I like it that this news today has had zero impact on equity markets this morning. Nothing. not even a blip. The death of Bin Laden is completely insignificant to the functioning of the capital markets he had originally targetted.

I like it that such an obvious target like the Royal Wedding, with 1.5 million potential victims on live tv with an audience of 2 billion, could be carrried off without a hitch and be a joyous day throughout.

He might have died yesterday but the fear he had created had died long before.

Cowperson