The beautiful weather today does little to quell the current situation in Wall Street. My morning commute was a somber one. Thumbs flew across BlackBerries with more flurry than usual. Newspaper headlines flashed: "Anxious Morning on Wall Street as Lehman Makes Chapter 11 Filing, Merrill Is Sold, AIG Seeks Cash" (Wall Street Journal) "Stocks Slide as 2 Wall St. Banks Falter" (New York Times) "Bank Shot: Wall Street Catastrophe for Lehman and Merrill" (New York Post) "Wall of Fear: Markets brace for morning after massive bank shakeup" (New York Daily News) The subways and streets were strangely devoid of financiers, as those who still have their jobs intact had already reported to work hours earlier. It's strange to think that New York, once a seemingly-indestructible giant in finance, now only...
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