This is getting worse every day! This Monday is indeed a black monday, bankruptcy represents the end of a 158-year old company that survived world wars and the collapse of Long-Term Capital Management but could not survive the global credit crunch.
If anyone still questions the crisis please tell them about the latest updates in the industry… And think twice where you put or borrow for that matter your money from!

Tags: bankruptcy, lehman brothers

This entry was posted on Monday, September 15th, 2008 at 08:31 and is filed under Market news . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.