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First there was the news of Merrill Lynch being sold to Bank of America. Then words came out that Lehman Brothers would file for Chapter 11. Wow… Just wow… The stock market isn’t as depressed but can we perhaps compare what’s happening now with the 1920’s in terms of how bad things are?

Update: After more reading, I found out that AIG (the big insurance company) may be the next to fall or at least restructure. Yikes… All this of course came after the Bear Stern sale and the government bailout of Fannie Mae and Freddie Mac… Damn… This is scarier than I had imagined possible!