Market free fall...

Paulson Shifts Focus of Rescue to Consumer Lending (Update3) Bloomberg - 59 minutes ago By John Brinsley and Robert Schmidt Nov. 12 (Bloomberg) -- US Treasury Secretary Henry Paulson plans to use the second half of the $700 billion financial rescue program to help relieve pressures on consumer credit, scrapping an effort to buy devalued ... Mandel: Paulson's Shift Is Just a Start BusinessWeek TARP Gets A Twist Forbes Bizjournals.com Washington Post Related articles »

Dow 8,379.43 -314.53 (-3.62%) S&P 500 862.76 -36.19 (-4.03%) Nasdaq 1,516.69 -64.21 (-4.06%) 10y bond 3.64% -0.06 (-1.62%) USD - Euro 0.7964 -0.0036 (-0.45%) USD - Yen 95.5300 -1.9400 (-1.99%) USD - GBP 0.6663 +0.0156 (2.39%)

Dow S&P 500 Nasdaq

It's time to hibernate!

You ever feel like you hit a wall? Yeah, well - I hit one a few months ago and it still hurts. I like to scratch my back against the wall, but I don't like being up against the wall. It might sound strange at first, but if you think about it, that's how life is sometimes.

So a relative of mine was stuck in a moat for a long time, what else? President-elect Barack Obama visited the White House today in Washington, D.C. The market was up today, but then rose as China said it would spend 600 billion but ultimately the dow fell almost 88 points and GM finished the lowest loss in 62 years. AIG is a thorn in my side BTW, that's it - I gotta itch ta' scratch and then it's nap time, like for a few months.

Putting Bears in Jail.

New York, New York Zoo - "This is utter Bullshit, what are we, cows? The Fed is out of control! That moderate loon, Bernanke, ought to get a good mauling, that's right - we are Stern Bears and we stick together - Rarrr!

Hi Bears! I, Monkey, wrote for the Financial Times (Cover your ears!)

DEMOCRATIC REPUBLIC OF THE CONGO- Penned this during a quiet moment. To the tune of Hey Jude. Not great but it’s a start! And I am sure there will be many more come Monday
(FT.com Original)
by Monkey

Bear Stearns, don’t feel too bad
Have a bank loan to make it better
Remember to pay back JP Morgan
Then you can start to make it better

Bear Stearns don’t be afraid
For the FED will come in and save you
Whenever a big bank looks to be binned
They will step in to make it better

And anytime you feel the pain, Bear Stears refrain
From buying those Triple A securities
Well don’t you know that’s it’s a fool who breaks the rule
And borrows more than they can afford to

Bear Stearns! You took write downs
But where you mark loans, you can’t sell them
Remember, to run with lower leverage
And maybe to hedge against your debtors

So take the loan and ignore the din, Bear Stearns begin
To repair your completely shattered balance sheet
And don’t you know that its not just you, but Lehmans
Too, whose shares are tumbling in the market

Bear Stearns, don’t feel too bad
Have a bank loan to make it better
Remember to pay back JP Morgan
Then you can start to make it better

Cover your ears, I got more hits a'coming!