Monday, September 15, 2008

Lehman Brothers' bankruptcy to change the face of banking- International Business-News-The Economic Times: "Markets world wide are reeling from the after effects of the triple shock of Lehman Brothers going into bankruptcy, Merrill Lynch being sold to BofA in a distress sale for $ 50 billion, and AIG asking the Fed for a $ 40 billion bailout. The FTSE dropped 200 points, or around 3% in early trades."

No comments: