Will the financial system crash tomorrow? Will the stock market? We’re about to find out.
Lehman Brothers went bankrupt today (Sunday). AIG will go under mid-week. Merrill Lynch has just sold itself to Bank of America to stave off failure. Washington Mutual, the country’s largest savings and loan, is teetering on the edge of disaster.
Not to be a debbie downer, but shit, shittily, shit, shit.