I find it far from surprising, but it sure is sad how dishonesty by a few people can lead to such turmoil for so many people..

Credit squeeze reaches dramatic stage  

Commentary: Central banks pour in cash, but underlying problem still alive http://www.saposnekappraisal.com/News?ID=64185

U.S. Fed injects another $38 bln into financial market
http://news.xinhuanet.com/english/2007-08/11/content_6511077.htm

Regulator rejects Fannie Mae's plea
http://www.msnbc.msn.com/id/20219658/

UPDATE 2-Countrywide, WaMu fall on heightened mortgage worry
http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2007-08-10T220518Z_01_N10297873_RTRIDST_0_MORTGAGE-LENDERS-UPDATE-2.XML

Central banks act to head off global credit crisis
http://today.reuters.com/news/articlebusiness.aspx?type=ousiv&storyID=2007-08-10T201919Z_01_L10195866_RTRUKOC_0_US-CENTRALBANKS.xml&pageNumber=0&imageid=&cap=&sz=13&WTModLoc=BizArt-C1-ArticlePage4

Subprime fallout draws comparisons to past crises
http://today.reuters.com/news/articlebusiness.aspx?type=ousiv&storyid=2007-08-10T160026Z_01_N08320171_RTRUKOC_0_US-USA-CREDIT.xml&WTmodLoc=BizArt-R2-MostViewedBiz-3&from=business

Those who fail to remember the past are DOOMED to repeat it