It's going to be a bumpy day on Wall Street.
Lehman files for bankruptcy (BBC)
Wall Street crisis: investors dump shares after Lehman collapse (U.K. Guardian)-- "The London stockmarket nosedived this morning as traders dumped shares and piled into gold and government bonds, following the turmoil on Wall Street."
Global markets dive after Lehman declares bankruptcy (Times Online)
Stunned Merril and Lehman staff eye shifting landscape (Reuters)
Monday, September 15, 2008
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1 comments:
Is it me, or does anyone else wonder why we haven't heard about these firms and banks until...now. Have I just not been paying attention? It just seems odd that these firms are such big movers and shakers and you only hear about them when they have f'ed up (cough, like Enron, cough).
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