Sept 15 2008 DOW crashes by 500 points.
LEH down, MER bought by BAC, AIG needs capital.
Monday, September 15, 2008
LEH files for Bankruptcy, BAC takesover MER, AIG raises capital
Sep 15 2008
LEH files for Bankruptcy, BAC takesover MER, AIG raises capital
S&P and Nasdaq Futures down a massive 4%.
The last post was on July 30th and that was when Meridith Witney has
stated that the credit crises will extend to 2010.
It is now more than a year since the credit crisis started.
We had seen BSC, LEH, Indymac blow up not to mention many smaller ones.
LEH files for Bankruptcy, BAC takesover MER, AIG raises capital
S&P and Nasdaq Futures down a massive 4%.
The last post was on July 30th and that was when Meridith Witney has
stated that the credit crises will extend to 2010.
It is now more than a year since the credit crisis started.
We had seen BSC, LEH, Indymac blow up not to mention many smaller ones.
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