It was a tumultuous week in British politics as the stock exchange struggled to remain afloat and Peter Hain definitively failed to do so.
The work and pensions secretary became the first of Gordon Brown's cabinet casualties on Thursday, handing in his resignation after the Electoral Commission referred his late declaration of donations to the police.
Guido modestly claims the credit for his role in Hain's downfall, sending out an e-mail to political journalists detailing a series of revelations dating back as far as January 2007.
Iain Dale asks if Hain would have gone to the Electoral Commission had Guido not broken the story about his funding campaign on December 3.
However, James Kirkup points to a press release Guido sent to political journalists - which seemed to have been issued directly from Conservative HQ.
The Hain resignation provides something of an unwelcome reminder of the ongoing police investigation into proxy donations to the Labour Party.
Some in the blogosphere are pondering what it means for Labour's deputy Harriet Harman and the party's Scottish leader Wendy Alexander, who have both admitted errors with their campaign declarations.
Harman and Alexander are still awaiting verdicts from the Electoral Commission following revelations that they had accepted £5,000 and £950 unlawfully, although Nick Robinson highlights the important differences between these investigations and the Hain case.
Conservativehome is delighted with this column by Polly Toynbee, which claims that Hain's resignation "caps an astonishing spell of blundering" by the Labour Party.
According to old Tory-favourite Toynbee, the Opposition should be astonished "at such political vacuity and ineptitude" and Brown should take comfort that the "Tory lead is so small".
Over at Red Box, Sam Coates wonders why Brown didn't sack Hain two weeks ago, while Paul Linford bemoans the fact that he failed to take the opportunity to abolish the "almost-meaningless post of Welsh secretary".
Meanwhile, Betsan Powys wonders how new Wales secretary Paul Murphy will work with a devolved government he had never wanted to exist.
Hain's resignation also led to James Purnell's promotion to work and pensions secretary, while his culture, media and sport brief went to Andy Burnham.
With Yvette Cooper taking over as chief secretary to the Treasury, many point out that the prime minister was making space for a new generation of "young and loyal" ministers at the top table.
The Daily Pundit questions if Cooper could become the first female chancellor, while Iain Martin finds Ed Balls' other half "extremely difficult to watch or listen to".
Away from resignations and mini-cabinet reshuffles, bloggers turn their attention to the government's plans to increase the limit of pre-charge detention to 42 days, or more specifically to Jacqui Smith's disastrous attempt to tout the move on the Today programme.
Smith's claims that the government was legislating for a hypothetical situation that might one day become "unhypothetical" reminds Shane Greer of Donald Rumsfeld's "unknown unknowns", and Benedict Brogan points out that the programme's presenter Carolyn Quinn burst out laughing at the comments.
This week also saw a major announcement on the future of Northern Rock, with ministers setting out plans to convert around £24bn of taxpayer loans into government bonds.
Aside from the "who knew what, when" questions, the must-see blog animation of the week comes from Channel 4 News and features Brown dancing the timewarp alongside a group of rather fat moustachioed cats.
Elsewhere the spotlight was on the political fashionistas in the Commons, with Labour veteran Dennis Skinner and David Cameron both paying tribute to National Fetish Day and Theresa May whipping up a storm with her patent leather boots.
