MY FRIDAY CABOODLE

Warren Spector, ex-co-President of Bear Stearns, told my wife last fall this was going to happen. And so it has come to be. Wall St. Braces For Thousands Of Pink Slips





Thank god Kristy Lee Cook has finally been voted off American Idol. But in an effort to cling to her 15 minutes, Kristy announced she just got engaged to Andrew Dobner. Kristy didn't mind getting the boot the other night.

"I’ve made it past top 10 which was my goal and I’m going home to go ride my horse now," she said.

"Horse" is her nickname for Dobner.






There's an article in the Dallas Morning News about Melisa Christian, my hot lass from Dallas. The article states that Melisa

"won't stop at anything until she reaches her goal."

And I'm the same way. I won't stop until she's my sugar cream pie or until she files a restraining order.

Melisa isn't expected to make the Olympic team but I'm praying for a miracle. So don't bother me on Sunday. My eyes will be glued to Melisa.

BARELY STANDING STEARNS UPDATE

MSNBC is reporting that JP Morgan will be cutting half of the Bear Stearns employees. That's about 7,000 jobs.

So their stock options are crap and they're losing their jobs. Talk about a sucky Saint Patrick's Day.

BARELY STANDING STEARNS

How the mighty have fallen. Bear Stearns, one of the largest global investment banks and securities trading and brokerage firms in the world, has fallen to its knees faster than a hooker with Eliot Spitzer.

Last Friday Bear Stearns was worth $3.5 billion. JP Morgan is purchasing Bear Stearns for $236 million. WHAT!?

A year ago a single share of Bear Stearns was $170. Morgan Stanley is paying $2 per share!!

I bought 2 shares of it myself today in the form of a grande non-fat chai at Starbucks.

And the stock market is a tumbling.

Later today, our Idiot Savan President, sans the Savant, will give a press conference about the economy. I can't wait to hear what he says. Oooo, I hope he brings up the whole "make my tax cuts permanent" issue. Because, you know, it's working so well. Note to self: trickle down theories don't trickle down.