Lehman Bankrupt, Merrill Sold, AIG Teetering

Holy cow!

The Feds are not going to bailout Lehman, Merrill Lynch is sold to Bank of America, and everyone is trying to figure out how to keep AIG from collapsing.

Doom and gloom, Great Depression-like in scope. Black Sunday.

And Citigroup, UBS, WaMu, etc. are still out there…

Look for a chaotic and bleak Monday.

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