Monday, September 15, 2008

LEHMAN GOES BELLY UP

Well, Lehman Brothers filed for Chapter 11, and Bank of America is buying Merrill Lynch, and it was a 500 point drop on Wall Street. It could have been worse. And maybe it will be -- AIG is apparently teetering now.

Story on the miserable day here. And by the way, Asia has opened its trading day and is getting hammered as we speak. Man, my blog is beginning to look like CNBC.

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