In Which We Fear the Worst

- Good morning, bargain basement shoppers. Bear Stearns is now valued at $2 per share. Get it while there’s still such a thing as a U.S. dollar left!

•     Bonus: Greenspan talks moral hazard.

- This morning’s Bill Kristol column hinged on a gross factual inaccuracy. One might not expect more from Kristol, but the NYT is still expected to perform minimal fact-checking, isn’t it?

- Bill vs. Elliot, or, when a zipper might take you down with it.

- The cost of campaigning: Bill’s sinking reputation.