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I just heard some very startling news today. Apparently, Napster, once the bane of the music industry’s existence, has just made the decision to allow retailer Best Buy to purchase it for $121 million. This unprecedented sale led to an 86 percent surge in the price of Napster shares, not bad considering that Monday was one of the worst days in Wall Street trading in six years. If you are like me and completely sold out all your napster shares when iTunes showed up and basically destroyed napster than you lost a bunch of money today.

Okay, if you are an investor pay attention because this is breaking news. Two of Wall Streets’ major investment giants have been broken down – and an insurance powerhouse is now barely hanging on. Lehman Brothers Holdings Inc. (LEH) filed for bankruptcy protection, while Merrill Lynch & Co. (MER) agreed to be acquired by Bank of America Corp. (BAC) for $50 billion. Now that is what I like to call a nice chunk of change. So on top of these two giants losing it, we also have the insurance giant American International Group Inc. (AIG), struggling as well. They are trying very hard right now to raise capital. Sell, sell, sell.

I just read a press release that stated that US Stocks are on the rise as we speak. Apparently U.S. stocks climbed, adding to a rally across Europe and Asia, on speculation the government takeover of Fannie Mae and Freddie Mac will stabilize the global financial system battered by $507 billion in credit losses. I am not sure if this is enough to make a big difference but it is certainly a move in the right direction.

I just got word that Fannie Mae Chief Executive Officer Daniel Mudd replaced three top managers at the mortgage-finance provider as the company struggles to convince investors it has enough capital to weather the housing slump. I don’t know if they have the capital to make it through or not. Truth is that no one knows how long this slump is going to last. Either way it looks like they are in a bit of trouble over there.

It seems that unless you are in the foreclosure business, your business is probably going downhill. I know lots of people, all business owners and every single one of them is having a serious drop in sales or or overall revenue. Yeah yeah, we are not in recession. I mean that is what I keep hearing. Yet all the evidence that I am seeing every day is pointing the other direction. I am not sure where everything is headed, but I can tell you that business is slow in general no matter what kind of market you are in.