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DSH	09-14-2008 07:58 PM

Lehman Brothers...Another one bites the dust...

http://www.nytimes.com/2008/09/15/bu...lehman.html?hp

Mike295

09-14-2008 08:04 PM

MErrill lycnh is in talks with BOA to get bought out. But if BOA walks away Merrill will be right be hind them

Barbi

09-14-2008 09:30 PM

Oh SHIT!

DSH	09-14-2008 10:28 PM

Quote:

Originally Posted by mike295 (Post 90448)

MErrill lycnh is in talks with BOA to get bought out. But if BOA walks away Merrill will be right be hind them

BANK OF AMERICA AGREES TO PAY $29/SHR FOR MERRILL.

carl_g

09-14-2008 10:50 PM

This is not good.....

Ant	09-15-2008 06:56 AM

2 years ago I was going to quit my job and try to get into investmetn banking. Whew!

Mike295

09-15-2008 08:07 AM

Quote:

Originally Posted by Ant (Post 90460)

2 years ago I was going to quit my job and try to get into investmetn banking. Whew!

good call

Barbi

09-15-2008 08:15 PM

Werd...

I just did a Draw for 1.6m on one of my GIC's for Wednesday. Hope I get it all back... NOW we're watching AIG

IrocRob

09-15-2008 09:42 PM

Lehman and Lynch are small potatoes compared to AIG,
I hope they find a solution that doesn't just push the
worst off until after the election....

High_Revs_17

09-15-2008 10:10 PM

We're gonna be in the red zone for at least another couple of years, between this from the housing market and fuel prices we're really getting fucked. If the circumstances arise for Osama, I hope his plan for "change" is anything but a cheap slogan.

Barbi

09-15-2008 11:02 PM

I'm thinking the someone will rescue AIG. I guess we'll just have to wait and see.

**edit** Moody's just down graded AIG's rating to A2 :ohmygod:

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