Will the stock market hold...or is the bubble ready to burst?

[Kirkland Laing]

Yup, the feds have already injected tens of billions of dollars to bail out some troubled banks so we'll just have to hope that that will be it and the debt crisis eases - or else, the apocalyptic (ok, I'm exaggerating) oil price spike can just make it worst and put the world into another recession, at the least.

We're just in the first stages of the credit crisis. When banks start failing we'll get some idea of the size of the problem. Washington Mutual just issued a denial that they're in trouble :

WaMu Statement Regarding Rumors of Regulatory Action: Financial News - Yahoo! Finance