- Lehman Brothers is filing for bankruptcy.
- Merrill Lynch is being sold to Bank of America.
- Ike's destruction and the horrors they are enduring in Texas is mind boggling.
- News that the engineer in that California train tragedy may have been texting. Texting?
I am going to hold on to my seat this morning as the stock market opens. I do know that everything is a process. The cycles turn around. Eventually. This one seems to be a particularly nasty one. I hope the free fall stops soon.