Pressure, Fear and ultimately, Failure

With the stunning demise of yet another 2 of Wall Street's "Big 5", you can really sense the world's biggest economy sinking and being gripped by fear.

It wasn't that long ago when these powerhouses were posting extraordinary profits in extraordinarily short amount of time. In the blink of an eye, those billions "earned"(USD,nt ruppiah)were being written off like you would write off liverpool's chances of winning the EPL; assets were impaired, shares and indexes plummented, ratings were slashed, credit was crunched and, after months of intense pressure, fear and ultimately, failure, the century old Bear Sterns, Lehman Brothers and Merrill Lynch finally succumbed, hence being forever consigned to finance txtbooks as classic examples of "victims of the early 21st century's sub-prime crisis".

This week will probably pass just like any other for most of us, but take a second off to savour these historical moments in the making, because 40 years down the road, you'll have to answer your grandchildren when they ask "where were you, and what was it like back then when the legendary Bear Sterns, Lehman and Merill(and maybe AIG) fell?"

-Your solemn Guest Editor