1.   As the widening financial mess engulfed Mrs. Waldholtz, a freshman Republican, last week, she said she would not resign.

2.   As the widening financial mess engulfed Mrs. Waldholtz last week, she said she would not resign.

3.   But instead, the mess engulfed the Jets.

4.   The ivory tower, as we all can see now, has become an economic Tower of Babel after the mess engulfed the entire banking and finance sector.