With FNE, FRE, LEH, and Merrill gone, people seem to have to long forgotten about Bear. People talk about Bear like it’s ancient history. I’m still optimistic were going to come out of this thing better off overall. I hope Goldman fails too. Serves them right for being such pompous a-holes. Selling crap to people, then shorting it and making a fortune. If they still end up failing, I want feel any pity for.
Oh yeah, add Indymac to the list of casualties, along with Countrywide, New Century and a bevy of other mortgage brokers.