For any hermits living in caves, the Bear is Bear Stearns and the Thundering Herd is Merrill Lynch.

 I thought the Great Dying was supposed to hold off for decades and decades.

Dean Baker over on the left proposes to alleviate the massive runs with constipation initiated by some more bloodletting.  Doesn't sound very efficacious to me but what do I know about the Dismal Science?

What does occupy my interest is that some hedge funds are about to be blown away by the disaster.  Geez, will a former First Daughter have to go out and make an honest living?

Personal investigations by politicians are always intriguing to me.  Tom Harkin first got into the Senate when Sen. Roger Jepson got some unaccountably bad press for  investigating prostitution in a high class massage parlor.  The guest book had names like John Smith, Bill Jones and then Senator Roger Jepsen.  Well why wouldn't a senator be proud of his name and title especially when he is serving the public?  John Edwards was investigating hedge funds when he made a bundle doing so. 

Caped crusader Eliot Spitzer, who made his fame fighting the titans of Wall Street, seems to have made his fortune with connections to Cramer and the hedgies.  Good to use the enemy's strength against him I guess.

It's good knowledgeable folks like Dean Baker are going to save us all from both the bull and the bear by singing small investors some more  but I would really appreciate some more investigating of the investigators and their hedging.

Best,  Terry