BUSINESS BUZZ: Three huge financial institutions were liquidated and resold over the weekend, and thousands of bank closures are to be expected in the coming months. Yikes. I hope this doesn’t make me feel guilty for watching The Hills tonight instead of CNBC.

Contribute: Add an image, link, video or comment »

The Best Links:

1. Panic Grips Credit Markets - Everyone Run for Cover!
2. James Moore: A Nation of Village Idiots
3. Financial Crisis Should Thrill Obama
4. Financial Chaos Will Change American Finance History
5. Stocks Drop On News Of Lehman Brothers Bankruptcy, Bank Of America’s Merrill Lynch Buyout
6. Wilbur Ross: Thousands of Bank Closures Coming
7. Federal Reserve Board Announces Several Initiatives to Provide Additional Support to Financial Markets
8. Lehman Files for Bankruptcy; Merrill to Be Sold

BUSINESS BUZZ: The U.S. and global markets are reacting to the triple news of Lehman’s bankruptcy, Merrill Lynch’s sale to Bank of America and AIG’s request of a $40 billion bailout from the government. Someone’s got a bad case of the Mondays.

Contribute: Add an image, link, video or comment »

The Best Links:

1. Here We Go: The Mother Of All Mondays
2. Just Another Manic Monday
3. Markets Spiral In A Crisis Of Confidence
4. Wall Street Will Never Be The Same Again