that s the college humor with a lighter take on the recent market mayhem. got to love that baby. in all seriousness, how bad is it? worse than the 2008 crash? our specialist is here with the answer. let s bring in dan gross, columnist and economic eder for yahoo! finance. dand, thank you for coming in. good to be here, matt. obviously a lot of anxiety out there in the markets. some people probably feeling a little better today because we ended up over 400 points. historic gyrations, is this going to about repeat of 2008 and why or why not? i think it s natural people make reference to that because it s kind of resembling 2008. only a few years ago the entire market system melted down, but i think there are important differences. main thing is, 2008 was a private sector debacle. lehman brothers, $650 billion in debt and essentially no equity out in there. aig, fannie and freddie. nothing that could be done to