Bear Stearns
Perils of the Street Merrill and Lehman (Update 4)
ICONS ON WALL STREET TURNING INTO CRUMBS.
In one of the most extraordinary days in Wall Street’s history, Merrill Lynch is near an 11th-hour deal with Bank of America to avert a deepening financial crisis while another storied securities firm, Lehman Brothers, hurtled toward liquidation, according to people briefed on the deal. Via NYT Read the Rest [...]
