Lehman falls, Merrill sold, AIG totters

Posted by admin on September 15, 2008 under News | Be the First to Comment

Lehman falls, Merrill sold, AIG totters
Global equities markets went into a free fall Monday as the American financial system was shaken to the core by a stunning series of events on Wall Street – Lehman Brothers filed for bankruptcy, Bank of America agreed to buy Merrill Lynch and the largest US insurer by assets American International Group (AIG) hunted for cash.

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