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Archive for September 18th, 2008

Lehman Brothers, Merril Lynch, AIG – What next?

Posted by: 0degree on: September 18, 2008

Lehman Brothers has filed Bankruptcy, Bankruptcy represents the end of a 158-year old company that survived world wars and the collapse of Long-Term Capital Management but could not survive the global credit crunch.
AIG, the world’s largest insurance company, has acheived bail out for $85 mn by US fed and by this the company has been saved [...]


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