Weirdness

So Lehman Brothers is going bankrupt. As was the case with Fannie Mae and Freddie Mac, it'll be interesting to see what their assets and liabilities really are and how much those assets are worth when they have to be liquidated, and who they owe how much they owe that isn't going to be paid off.

and Merrill Lynch had to find a buyer

and insurance giant AIG is under scrutiny, and looking for buyers for the pieces of its business it can sell off to raise some cash.

Just folks like us can't be sure what's happening, like why Bank of America is paying more than market value for Merrill Lynch shares. And what kind of deals the Fed and Treasury are promising Bank of America to bail out Merrill.

Anyway the market is going to be down big on Monday, (and it wouldn't be very good day to ask your bank for a loan).