So what happened this week? 

Merrill Lynch agreed to a $44 billion offer from Bank of America..... who just acquired Countrywide.

Lehman Bros., a 158-year old firm filed for bankruptcy. Lehman will continue to operate in bankruptcy, but mostly just liquidating.

AIG, is looking for a capital infusion and is asking the government for a bridge loan (hoping they find that capital).  Warren Buffett’s name is being mentioned as an acquirer of AIG. 

Nothing definite regarding Washington Mutual- we'll have to wait to see this one played out.

And it's only Tuesday!  But the good news is that interest rates remain low -in the fives!!!