The financial fallout from the subprime mortgage mess continues, with a plan to rescue Lehman Brothers collapsing and news coming on Sunday that longtime independent brokerage house Merrill Lynch will
Read more...The economic crisis affects everyone across the country and around the world, but there are some towns that are specifically affected by these major financial failures and Business Week has published
Read more...Lehman Brothers have filed for bankruptcy under chapter 11, thereby becoming the biggest victim of the ongoing Global credit Crisis.
Read more...Lehman Brothers
There was an emergency meeting Sunday in New York held by Federal Reserve officials and leaders of major U.S. financial institutions to try to find a way to rescue Lehman Brothers.
Read more...A slightly suspect piece of news thrown into the arena after the Fed and Treasury were chewed up over their bailout plan.
Read more...Merrill Lynch and Lehman Brothers were two financial titans that crashed and started a domino effect for other financial institutions.
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