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A friend forwarded me this article and I thought some of the data was interesting. It shows that the damage over the last couple of months has brought the market to levels not seen since the Depression.

The Asian markets are open and no word on a rescue plan for crashing Citi. Exactly the same scenario as Lehman. No government, no investors. Amazing inaction again in a moment of crisis.

New York real estate brokers are still saying that housing prices will never fall more than 5% in Manhattan. They are full of shit.

Obama's got a plan, but he won't say were to pay for it. Here is an idea. I know its controversial.

Downey Financial and two other banks were closed and hastily sold off to larger banks by the FDIC. This continues a trend of banks closing and being sold in deals brokered by the FDIC. It is the beginning of a massive consolidation in the banking sector.

With all the attention on Citi and all the speculation about the possibility that it will go down, where is the discussion of Smith Barney and the many people who have accounts with them. Does a crash of Citi mean a crash of Smith Barney and the loss of some or all of the positions in one's accounts?

Obama is about two weeks late on this one, and probably could have saved us from the last three legs of this plunge had he had enough sense to make the appointment earlier.

MetLife Bank is offering a 12-Month Certificate of Deposit (CD) at 4.15% APY.

The Treasury Department has stepped in to help the Reserve Fund liquidate and pay back its investors.

Well, once you get past the mug of Suze Orman, you can decide if this account is for you. Deposit at least $100 into the account monthly for a year and at the end of the 12 months you'll receive an extra $100.

TD Ameritrade is offering an attractive promotion to open a brokerage account with them. They'll give you 30 free days of trades and $100.

Bob Nardelli, Rick Wagoner and Alan Mulally are to blame for the sharpest 2 day market drop that we have seen in years. Seeing such stupidity just caused a massive panic.

GM's 10-K showed a funded status of $19 billion, based on assets of $104 billion and liabilities of $85 billion as of Dec. 31. If the union and the employees believe in the company than why not lend the company the money for the turn-around?

Marketwatch writer Paul Farrell brings up some interesting points but I find things are never as bad as they seem, or as good. I also look at articles like this as a marker to a bottom in the market. The more great depression articles you see, the closer we are getting to some kind of low. Are we there yet? No. But we're getting closer.