Photograph of trader Al Young sitting as the bad news keeps coming by /Richard Drew/AP The Dow plummeted 358 points to end at 11,453, after bad news about brokerages and the ever increasing price of oil. Bloomberg News summed it up this way:U.S. stocks tumbled, sending the Dow Jones Industrial Average to its worst June since the Great Depression, as record oil prices, credit-market writedowns and a slowing economy threatened to extend a yearlong......

Photograph outside Bear Stearns' offices on Friday by Mark Lennihan/AP It's the New York banking equivalent of the Enron meltdown: Bear Stearns has agreed to sell itself to JP Morgan Chase at a fire sale price. When Bear Stearns' 14,000 employees left work Friday afternoon, the bank's stock had already plunged almost 50% in value, closing at $30 a share. But today they found out something much, much, much worse: their company has been......