Kamis, 11 September 2008

Lehman Selling Itself By Sunday; WaMu Continues Plummeting

Yesterday, Lehman Brothers. released its Third Quarter report early in an effort to reassure investors and save itself.Didn't work. Today the bank's shares fell another 41%. Tonight they're looking for a buyer. Chair Richard Fuld is in talks with Barclay's Bank of Britain, as well as Bank of America. Uh Oh.Fuld is also a Director at the New York Fed, and he's seeking assurances that any sale

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