When it Rains it Pours.

Although the soul intent of this site is to provide automotive commentary, this is too big of a story to ignore.

News is breaking nearly every minute. I have been watching Marketwatch, Bloomberg and CNN in disbelief since 12:00 midnight.

The stories get worse every second.

MER and BAC in talks? What?! Now BAC is buying MER? What the hell?

LEH's suitors turned and walked? LEH is filing chapter 11. Wow.

$70 billion fund being set up? What is this?!

AIG is looking for a $40 billion loan from the Fed? How can this happen?

All hell is breaking loose on the street early Monday morning.

God help us all.

rp