http://biz.yahoo.com/ap/08090

[temeculaguy]

http://biz.yahoo.com/ap/080905/mortgage_giants_crisis.html

After hours stock is tanking to the tune of 25%

The deal looks done, we should see it plastered all over the media in the next few days. It hard to believe that 9% of all mortgages are behind.

Fasten your seatbelts, things are going to get a little bumpy.