So. Where to begin with this week's edition of Flops and Failures? How about with Lehman Brothers, the storied investment bank that announced Sunday that they were filing for bankruptcy after a long week of faltering on Wall Street? That bankruptcy kicked off one of the worse weeks on Wall Street in recent memory. Stocks plummeted and by Wednesday it became clear that the massive insurer, AIG was also in trouble. That is, until the Fed came in and bailed them out with an $85 billion package. Earlier this week, in another surprising turn of events, the Fed also helped orchestrate the sale of Merrill Lynch to Bank of America.

Since Monday stocks have rebounded, although it's unclear what Wall Street will look like when this is all over. The British firm Barclays took over Lehman mid-week, and it increasingly appears that Morgan Stanley may merge with Wachovia. To top it all off, the Securities and Exchange Commission announced a temporary ban on short-selling today.

In completely unrelated news, there are whispers that the start-up video site Heavy.com may be struggling. Despite that, the company's CEO says they're "doing just fine." We don't know whether to believe that or not (isn't that just what Dick Fuld said about Lehman a month ago?). But the company is a dot-com era relic, so it's hard not to root for them. Particularly because their site has videos like this: