Just think that it only took 46 hours for Bear Stearns to go from business as usual to falling prey to the rumor they were in trouble.
Once the rumor had legs no one would lend a dime to BS.

Lehman Bros have now fallen 26% this week.

With the financial and credit companies reeling guess who is going to have a public offering of common stock this month... VISA

This may be one IPO one should steer clear of. People may soon prefer to have food and shelter than pay their VISA bill.