We've all seen what has been happening in the market recently with the mortgage crisis and now this massive devaluation/sale of Bear Sterns. This, to me, is astonishing. That a company that is so entrenched in the economy can lose 97% of its value in a few hours. I ask, what is going on with the market? Why is this happening? Why now? [any Economists on this board?] Some may argue that the War in Iraq is to blame, or other political decisions. This is certainly a politically expedient assessment, though im not sure its correct. I think there may be something more going on at a more fundamental level, in terms of the redifinition of basic concepts of property/economy and consequences we are just starting to see now, starting from the 1980s/1990s onwards and the shifts in our production that we have made as a result. This is just an initial impression though. Or maybe its just a blip on the radar and things will soon return to normal. Your take?