i remember when Drexels went bust in the 1990's they were huge...

i remember when Drexels went bust in the 1990's they were huge and as a banker i dealt with them big time in the FX market,well life went on when they busted and the markets recovered the same will happen here, this could just be a signal that mkts are close to a bottom the panic merchants will say the sky is falling but really just like bank of america buying ML it presents some once in a lifetime opportunities.my gut feel is that we will have 24/72hrs of volatility and it could even be a fizzer and the mkt just shrugs its shoulders and moves on without Lehman's,the FED
will have backstops to ensure no meltdown i am sure of this.