yeah, $2

a week ago at this time, bear, stearns & co., one of the oldest, most established and reputable investment banking firms in the world, was trading at a little over $70/share amid assurances from its officers that things were pretty much fine. by friday the truth had emerged, they were begging the fed for help, and their share price had plummeted to $30.

and tonight? $2. that's right--one of the giants of wall street has fallen from seventy dollars to two fucking dollars a share in the space of a week.

fasten your seatbelts, folks--the party's finally starting.

update: so i wake up this morning expecting a bloodbath, but once again the fed has stepped in and contrived to keep what should have happened from happening, thus once again delaying the inevitable day of reckoning--and assuring that once it finally arrives, it's gonna be even worse.