This would really be something. Some of the organizations being investigated are enormous. It's really incredible how ugly thing on Wall Street are these days. If it is proven that Bear Sterns was taken down - at least partially - by the spreading of false rumors, it would be a devastating blow to the credibility of our financial markets.

They say it was a statement by Sen. Schumer that caused the Indy bank collapse. It certainly begs the question in my mind if any of this is purposeful manipulation. I mean for Schumer to suggest a collapse by a particular bank and call them out by name just seems suspicious.

Ditto Eric and Willhelm! Scary stuff.