... a collective freakout is going down over the collapse of a Lehman deal. The gloom is really extraordinary:
"The gates to hell have finally been opened. There will be absolute chaos, pandemonium tomorrow."
"I'm predicting October '87. Could someone post the circut breaker rules?"
"Seriously, though, when do you think the run on people getting their cash out of banks comes? Before Thanksgiving?"
"I am across the street having late lunch (Old Ebbitt Grill) from US Treasury- and there is a LOT of activity-cars coming in and out and people walking over to White House. I eat here frequently and have never seen it this busy on a Sunday-something is up."
...and so on. -WD