"Do you hear that sound? That's your yarn...it's crying"~ Magenta Sequins

Monday, September 15, 2008

Brother Can You Spare a Dime?

wow.
Lehman Brothers is gone.
Merrill Lynch is being bought out by Banc of America.
Morgan Stanley sounds like they're next.

this is a terribly "deja vu" situation.

2 comments:

DrBMBridge said...

And AIG is looking dicey too. Looks like you guys were actually quite lucky to go first whilst the government was still of a mind to help out...

Thomas said...

I work for a financial company and I found it odd how noone at worked really discussed this issue today. I was too busy resolving complaints, but there was no chatter around me, either. Really weird. I noted it as, most people don't understand it all.

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