Financial Market going down and down and many will follow. Oil is down too. So some good news in the end

I believe this is the least interested topic in my Blog here. But I can’t just ignore this because it is of concern of everybody.
Last few months we see the bail out of some of the biggest financial firm in the USA by the government, from Bear Stern to Fannie Mae and Freddie Mac.there's bound to be one time that the government will decide not to bail out anymore and I guess this is the time and the unfortunate Bank is the Lehman. So.......
One of the Largest Investment Bank on earth have just declare bankruptcy, Lehman Brothers, which have lasted for 105 years in the business is closing it’s business failing a bail out from government and the private sector. Which means every bank in the region or in the proximity of it will fall. We already see the Japan business and financial and investment sector falling 15% even before the bell start ringing. That’s how severe it is. Fortunately in a much lighter relieve, Bank of America have bail out Merill Lynch at the same time, which causes it’s share to rises today which means we are seeing a bull and bear fight here. Let’s see who will get to the line first. As for the Asian region, since we have more work with Lehman for the history therefore there’s no doubt that the markt will fall uncontrollably this week.
Anyway, for those of you who have no total investment in the market or any mutual fund you can relax for a bit here. Because with the oil have fallen below 100 per barrel mark this week, which means lower prices in the coming month. Cheers to you all.
The financial market will have a meltdown and the reality of it all will sets in this week and we’ll know whether real recession is on it’s full force now like every financial Analyst said so for the past whole year. Now they can really say, “See I told you so” and save their job. HAHA! Just kidding.
Now everyone's eyes is on to the next bank to go into the tumble, Washington Mutual, which by now is unlikely to see a bail out and waiting to be take on by anyone in the private sector. and it seems that JP Morgan if really going to take on the chellenge will the the largest firm ever exist. Hmmm Tempting....