Monday, September 15, 2008

Yikes

"Wall Street emerged from the weekend in crisis mode and with a completely reshaped financial sector. At the forefront of the crisis is Lehman Brothers (LEH: 0.21, -3.44, -94.24%), which after 158 years in business filed for Chapter 11 bankruptcy protection as it becomes the latest victim of the credit crisis. Valued at $639 billion, Lehman's is the largest bankruptcy filing in U.S. history -- easily surpassing the collapses of Enron and WorldCom combined."

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