Showing posts with label bank of america. Show all posts
Showing posts with label bank of america. Show all posts

Monday, September 15, 2008

Lehman Brothers collapse stuns global markets

Global markets were reeling Monday after a historic day on Wall Street that saw two famous names become the latest victims of the credit crunch. Lehman filled for bankruptcy protection and Bank of America purchased giant Merril Lynch, to add to this turmoil the share of AIG tumbled by 52 %. Who is next?

read more | digg story