will Bernanke bail out this credit meltdown

--cost of credit skyrocketed, imperiling the raft of corporate buyouts taht have fueled the bull market --entire spectrum of credit was being repiced --more important indicator has been the widening of spreads on corproate loans, the lifeblood of the deal business, evident in a further deterioration in the LCDX --the failure of two hedge funds set off a chain reaction through the markets. large banks, choking on LBO bridge loans, have likely tapped all traders to lower any and all risk positions and refrain from taking on any more.