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Reshaping Financial Markets
2008-09-16T07:31:38-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYmE3XC8yODExMzUtMDQtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Lehman Brothers, a security firm that survived the Great Depression, filed for bankruptcy Monday morning after failing to find a buyer or secure financial support from the government over the weekend. Meanwhile, Merrill Lynch agreed to be bought by Bank of America for $50 billion, and insurance giant American International Group is seeking a merger partner to stay afloat. Floyd Norris, appearing by remote access from New York City, explained the collapse of long-standing financial institutions, talked about what to expect next, and responded to telephone calls and electronic mail.
Lehman Brothers, a security firm that survived the Great Depression, filed for bankruptcy Monday morning after failing to find a buyer or…
read more
Lehman Brothers, a security firm that survived the Great Depression, filed for bankruptcy Monday morning after failing to find a buyer or secure financial support from the government over the weekend. Meanwhile, Merrill Lynch agreed to be bought by Bank of America for $50 billion, and insurance giant American International Group is seeking a merger partner to stay afloat. Floyd Norris, appearing by remote access from New York City, explained the collapse of long-standing financial institutions, talked about what to expect next, and responded to telephone calls and electronic mail. close
Lehman Brothers, a security firm that survived the Great Depression, filed for bankruptcy Monday morning after failing to find a buyer or… read more
Lehman Brothers, a security firm that survived the Great Depression, filed for bankruptcy Monday morning after failing to find a buyer or secure financial support from the government over the weekend. Meanwhile, Merrill Lynch agreed to be bought by Bank of America for $50 billion, and insurance giant American International Group is seeking a merger partner to stay afloat. Floyd Norris, appearing by remote access from New York City, explained the collapse of long-standing financial institutions, talked about what to expect next, and responded to telephone calls and electronic mail. close
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