Lehman Brothers Bankrupt ??

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pradeeocitm62

Pepps
Source : Rediff


Lehman Brothers Holdings Inc. will file for bankruptcy after Barclays and Bank of America abandoned talks to buy the company.

The global investment bank will file a Chapter 11 Bankruptcy petition. A press release by the company said Lehman Brothers' US subsidiaries or affiliates, including its broker-dealer and investment management subsidiaries, are not included in the filing.

Detailed Link :- *www.rediff.com/money/2008/sep/15leh.htm
 
A

apoorva84

In the zone
sad news..my friend who is doing his MS in Rochester university in USA recently did his internship in this company...
 
K

karmanya

Journeyman
Wow, saw this on CNN this morning. Wonder how wall street will react.
This and the Merryl-Lynch BOA merging should seriously rattle them.
 
J

jamifahad

Broken In
..AND now AIG. What is happening to the market?? Credit crunches. where are all dese huge money going?? Maybe political connection
 
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