Today In Paradise: Monday, October 26th 2009

Lost in the Capmark mania (interesting enough CNBC did not mention Capmark in their first half hour of squawk on the street this morning)is the Fair Point bankruptcy, the largest telecommunications provider in the Northeast: FairPoint phone company files for bankruptcy

DSB's tale of bank runs and bankruptcy should be a warning to the world - don't take for granted the health of your bank. Research thoroughly it's integrity and ability to make it through another downturn. DSB Bank Declared Bankrupt

This week it looks as though we may hit the wall (temporarily on debt) as Clock ticking on debt ceiling: This week Uncle Sam plans to sell $123 billion worth of Treasurys. That will bring the country's debt level very close to the $12.1 trillion debt ceiling.