"After enduring one of the most dramatic days in its history, Wall Street received a climactic jolt on Monday when Lehman Brothers, a 158-year-old investment bank undermined by bad bets on real estate, said it will file for bankruptcy.

The fall of Lehman followed a wild, three-day scramble by top Wall Street executives and federal regulators who worked around the clock to come up with a solution to a still-unfolding financial crisis."

"In a weekend of intensive and almost nonstop meetings behind the massive stone facade of the Federal Reserve Bank of New York, Treasury Secretary Henry M. Paulson Jr. and New York Fed President Timothy F. Geithner oversaw a series of meetings that essentially forced the chief executives of every major firm to grapple with a crisis of their own making. "



Sorry, but I dont have much sympathy for these banks, businesses, and the wealthy that tell us how they should run the economy and let the wealth trickle down on to the rest of us. Give them tax breaks so they can grow and flourish and expand the economy. ...Oops....now bail us out cuz with a Republican gov't we've fucked up royally. ....Sure glad all you little tax payers can give us mo' money cuz we fucked away the money we got before.

...And then pay off the national debt we have created cuz we still wont pay taxes.