Apparently, the little paper boy has grown up and now works for Bear Stearns. Good thing, too, since they’re going to need his help to get their $2/share that they’ve been offered by JPMorgan in a last minute bailout.
This is still just the beginning of a VERY ugly period in the financial markets, folks. So for those who aren’t paying attention, let me take this schadenfreude-laden moment to remind you that the world of space development doesn’t exist in a vacuum (yes, puns intended), and that the macro-forces which are about to rip apart our financial world (recession? what recession?) will be hammering some mighty loud nails into the coffins of NASA manned space, the VSE, and any cracksmoking fantasies you still harbor about going back to the Moon or on to Mars anytime between now and 2030.
I’ll bet a share of Bear Stearns on that.