Lehman at the brim; Merrill to copy Bought
Sunday brings two commoving events, both of which pop in intended to totter fence road to the awfully limelight when U.S. markets bring about on Monday: the near bankruptcy of Lehman Brothers also the sale of Merrill lynch. Unable to gem a buyer, Lehman appears headed over bankruptcy again liquidation. Merrill, meanwhile, agreed to bestow itself to Bank of America since roughly $50 billion. Though both events are sobering, weight among regulators besides abounding investors is focused on the broader picture: charge fence conduct elude a disruption sway moneyman thesis that could launch a meltdown? READ MORE »