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Scenes From A Meltdown

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    Some Men Just Want to Watch the World BurnNotes on the stalling of the bailout talks.
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    Bush Delivers Another Brief, Content-Free Press Conference‘The legislative process is sometimes not very pretty, but we are going to get a package fast,’ the President assured the nation just now. ‘We will rise to the occasion.’
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    Giuliani Rubbing His Hands With Glee Over Financial Crisis?The former mayor’s law firm has launched a high-priced task force to consult with companies navigating the crisis.
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    Lawmakers Choose Fighting About Politics Over Fixing the Economy, BasicallyHouse Republicans broke with the president, cock-blocked the bailout, and walked out of negotiations, despite Hank Paulson’s pleas.
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    ‘If Money Isn’t Loosened Up, This Sucker Could Go Down’Bailout talks in Washington seem to have completely broken down.
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    The Human Face of the Fall of Lehman BrothersIs not in fact human at all.
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    Week of Horrors Finally OverAs the week ends, the market is up, but a million questions hang in the air.
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    Bearish on the BailoutSome early, angry reactions to the governments “rescue” plans.
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    The New New DealThe specter of Communism is haunting the Internet.
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    Bush Addresses the Financial Crisis, AgainSays Bush: ‘Government intervention is not only warranted, it is essential.’
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    Sexy Shirtless: New Plan Will Involve a ‘Significant Investment of Taxpayer Dollars’Treasury Secretary Hank ‘Sexy Shirtless’ Paulson just outlined the government’s new plan, kinda.
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    Let Them Eat Canapés!Even in times of crisis, the rich stay rich, especially Denise Rich.
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    New Plan! Government to Save Us by Buying Up Bad Debt With Our MoneyOh, not all bad debt. Just financial institutions’ bad debts. You still get to keep yours.
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    Market Goes Out on a High NoteStocks are back up, and we’re re-naming today Tumultuous Thursday.
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    The Bright Side of the Economic MeltdownDaddy’s home! For good!
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    Richard Fuld Emerges!The Lehman Brothers CEO finally addresses his employees in a memo.
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    Lloyd Blankfein Is PerturbedShares of Goldman Sachs continue to yo-yo.
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    Did John Mack Come On to Vikram Pandit?The Morgan Stanley CEO reportedly proposed a merger with Citigroup, but was shot down.
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    The President Offers Comforting Words About the Economy During Our Time of NeedHa, not.
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    Welcome to Torturous ThursdayA quick guide to what happened while you were sleeping.
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    Bloody Monday, Terrible Tuesday, and Now Weird WednesdayThe market’s closed for tonight, but it’s not over yet! Gird your loins for Torturous Thursday!
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    AIG in 30, or More Like 45, SecondsIt’s just like Jenga!
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    Cox Stiffens Rules on Naked Short-SellingIt’s not as funny as it sounds.
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    Morgan Stanley Chief: ‘There Is No Rational Basis for the Movements in Our Stock’In a memo to employees, Morgan Stanley CEO John Mack blames short-sellers for the slide of the company’s stock today.
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    Some People Want Hank Greenberg Back Running AIG!Too bad for them.
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    Barclays Buys Lehman Building and Some Other Stuff for $1.75 BillionIt was really quite an impressive bargain, especially when you think of it in pounds.
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    Squash Instructor Speaks Tenderly of Richard FuldHe’s a ‘special guy.’
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    How Long Will It Take John Thain to Join the McCain Campaign?It’s so perfect a fit, it even rhymes!
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    Fed Changes Their Mind, Throws Whopping $85 Billion at AIGIt was double or nothing, we guess.
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    Lehman Staffers Look for NSA LoveWhen confronted with adversity, everyone has their own coping mechanisms — and sometimes those are sex parties and Craigslist.
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    Morgan Stanley Releases Earnings EarlyWhy did they release them today when they were scheduled to release them tomorrow? WHY, you ask?
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    What Happened at Lehman, in 30 Seconds or LessThe best explanation of the mortgage crisis we’ve seen so far.
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    You Too Can Buy a Piece of LehmanBarclays didn’t take ALL the good bits.
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    Hank Greenberg Trying to Get His Hands on AIGInvestors led by former AIG CEO Maurice “Hank” Greenberg are considering taking control of the struggling insurer through a proxy fight or buyout
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    Barclays to Buy the Good Bits of Lehman9,000 people will probably get to keep their jobs now!
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    The Wall Street Crisis: What Does It All Mean?The only thing that anyone seems really certain about right now is that when the smoke clears, we’ll be looking at a different landscape.
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    Shares in AIG Open Around $2 (Updated)What a bargain!
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    The Gorilla Has Hired GorillasLehman CEO Richard Fuld may be staying hidden out of fear.
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    Barclays in Talks to Buy Lehman AssetsThe British investment bank, which walked away from a deal to buy portions of Lehman last Sunday, is apparently still sniffing around.
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    Lehman Employees Really ARE Losing Their ShirtsA special report from Lehman HQ just came across the wire.
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    Dow Closes Down More Than 470 PointsYikes.
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    New York Allows AIG to Borrow $20 BillionBut it’s not a bailout! says Governor Paterson. (Not yet.)
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    My HERO!An AP photo of Merrill Lynch CEO John Thain and Bank of America’s Ken Lewis captures one of Wall Street’s gayest-ever moments.
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    Sphinx Patterson, Voice of the PeopleA worker at Lehman’s London office reminds us that it’s not just the big guys who are suffering.
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    Lehman Employees Get Their Fifteen MinutesA scrum of reporters hovered outside Lehman this morning, hoping to get iconic shots.
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    Coffee-Cart Man Fears Trickle DownBut what can you do?
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    Lehman Employees Hoarding Promotional Mugs, FoodLehman employees are fighting over scraps.
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    Holy Effing Crap: Wall Street in FlamesMetaphorically, of course. A quick guide to the current crisis for people who didn’t pay attention this weekend.