Lehman Brothers Filing For Bankruptcy; Bank of America Purchases Merrill Lynch

Calendar September 14, 2008 | Posted by Jorge

Oh boy.. could the past week get any wilder?  First, Lehman Brothers reportedly will be filing bankruptcy sometime in the next 12 hours due to failed talks between LEH and suitors.  The Fed tried to broker a deal between LEH and Bank of America / Barclays, but talks fell through at the end due to [...]

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