The WSJ's front page story on Bear Stearns had a couple links that I had to show you in their own post.
First, from the Journal itself:
Is Bear's Woe a Good Sign for the Market?
Financial crises don't end until something gets broken. From the evidence of Friday, it looks like the something in question is going to be Bear Stearns.
What does that mean for your investments? The likely answer: The market may well be nearing its bottom....MORE
The Bear Stearns liquidity crisis may very well go down as the beginning of the big whoosh that must happen before anybody can see the light of day in this financial crisis....
Here's a live version by Joni Mitchell a couple years after she moved to New York City.
Here's Jimmy Cayne:...But now old friends are acting strange
They shake their heads, they say Ive changed
Well somethings lost, but somethings gained
In living evry day
Ive looked at life from both sides now
From win and lose and still somehow
Its lifes illusions I recall
I really dont know life at all...Five No Trump