Pierce added that if JPMorgan doesn't jump to WaMu's rescue, then he expects the thrift will go the way of Lehman Brothers Holdings.

FORBES: Magazine Article

We go now to Russell Marsolek, who's with the Winona County Minnesota Dive Rescue Team south of Minneapolis.

NPR: River Poses Hazard for Dive Teams

They have defended the pace of the rescue efforts, saying they were careful not to go too quickly and kill possible survivors.

WSJ: Survivor Rescued in Bangladesh Rubble

More than 140 posts, 90 of them firefighters jobs, are to go at Merseyside Fire and Rescue Service over the next three years.

BBC: Merseyside Fire and Rescue Service to cut 140 jobs

But it is possible that if they go with all of it coming from the ESM the price difference could be large enough to undo the rescue itself.

FORBES: Why the Spanish Banking Bailout Could Fail: Fat Lady Still to Sing