I seriously think that Wall Street should now be called as Fall Street after the titans fell like a house of cards. Or as Mall Street - for God alone knows which bank is up for grabs next!

But as more and more people claiming ignorance of exotic acronyms like CDOs and CDSs are now coming out of the woodwork I cannot resist posting a quote by Burton Malkiel - the author of "A Random Walk Down Wall Street":

A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by the experts. :-)