WSJ’s John Hilsenrath speaks about the drama that unfolded this weekend over whether the Feds would bail out Lehman as well, and how the market will fluctuate in the wake of Lehman Brothers filing for Bankruptcy.



Stocks retreated sharply Monday as investors reacted to a stunning reshaping of the landscape of Wall St. that took out two storied names: Lehman Brothers Holdings Inc. and Merrill Lynch & Co. The Dow Jones industrial average fell about 400 points.




Barron’s Randall Forsyth discusses why the housing crisis is likely to escalate as option-arm mortgages become due.



Do you have questions about the new law regarding mortgage modifications? We all do. Fortunately Bob McCormick knows the dealio.

 

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