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-8% this morning... $4 bucks

07:48 FNM and FRE plunge in pre-market trading, oil sets new high, equity futures sink FNM (-27%) and FRE (-32%) are plunging in pre-mkt trading, leading to weakness in equity futures (Dow futures -97 pts, SPX futures -14). There are reports out this morning suggesting the govt is...

Going into cardiac arrest... Monday morning's headlines: 'JP MORGAN BUYS LEH FOR $2/SHR'

Why This Housing Bust Is Worst Ever: The American Dream Ends Posted Jul 09, 2008 11:23am EDT by Aaron Task in Investing, Newsmakers, Recession Related: PHM, KBH, LEN, TOL, XLB The current housing downturn isn't over and is "much much worse" than past downturns, says Barbara Corcoran...

http://ml-implode.com/

JP Morgan will probably be bidding on LEH any day now...:D Then comes Fannie or Freddie

JP Morgan will offer them $1/share.

Goldilocks had an appointment with Dr Ben Dover today.

It was a matter of time this market would systematically rape the longs all the way down....

http://www.thestreet.com/_yahoo/funds/stoptrading/10425456.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA Continuing on negative news in the financials, Cramer said to "stay away" from the financials. He said that Freddie Mac (FRE - Cramer's Take - Stockpickr) and Fannie Mae (FNM - Cramer's...

Blood starting to trickle down the street.

Feels like another major bank is about to go under....

:D

$10 now....

Anyone buying the dips?

IMF gloomy on growth, warns on inflation Wednesday July 9, 8:21 am ET By Alan Wheatley, China Economics Editor TOYAKO, Japan (Reuters) - It is hard to know how far the global financial crisis still has to run, with the extent of further credit losses hinging on what happens to the U.S...

09:56 FRE Freddie Mac ticks lower as Faber on CNBC discusses issues on continued capital concerns for FRE and FNM, and notes that FRE has not decided yet to raise capital which was initially mentioned in May (12.47 -0.99)

:D

LEH not lookin' too good here....

Under 20 now...