"It doesn't appear to me that Plan B is going to help the House get to 'yes,'" Simon said in an email. "Although I'm certain that Congress will resolve this issue, I'm no longer confident it will happen before the New Year," he added, warning of the disruption that has seen financial markets jolt through ups and downs as investors have reacted to each turn of the fiscal cliff negotiations.
"The resulting damage to the markets from this apparent Congressional dysfunction, even if only for an interim period, is hard to justify," he said.



























