JPMorgan to buy Bear for $2 a share

Interesting debate between Wharton's Jeremy Siegel and CNN's Lou Dobbs on this. Dobbs was frustrated be Siegel's attempt at logical analysis and his failure to join Dobbs & Clinton econ advisor Gene Spurling's Nanny-state rhetoric.

Obama today said he thought Wall Street was on "the brink of trobling times."

YA THINK?!? :laugh:

I believe it's a reslient sign that the Dow closed UP today despite all this. No question the markets believe a 50 - 75b rate cut in the Fed prime rate is coming.