Was Bear Stearns the last large financial company to fail? Will Freddie Mac or Fannie Mae fail, too (Answer: NO)?
Odds-on favorites to fail are Lehman (LEH), Wachovia (WB), and Washington Mutual (WM), according to this report: 24/7 Wall St.: Vegas Odds: Another Large Financial Firm Will Fail (LEH)(WB)(WM)
The remainder of 2008 is going to be really ugly and difficult.

The remainder of 2008 is going to be really ugly and difficult.
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