The financial sector is in complete free fall. First it was mortgage lenders, then investment banks, now insurance companies. I followed your lead and pulled everything out of stocks for the time being a few months ago (at least I think you said you did). Am very glad I did. I don't want to be anywhere near all this toxic waste.

>Wow, Merrill & Lehman, didn't expect that...
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>AIG and WaMu next??
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>Buy Gold!!
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>
>>>Once they decided to put a backstop on Freddie and Fanny, it became evident that they couldn't rescue any additional large banks. My guess is Merrill, Lehman or Citi
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>>I've been hearing (well, Marshal, who's in a much better position to hear this stuff, has been hearing) rumblings about Wachovia, actually.
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>>Tamar