Wall Street was shaken to its foundations in the most harrowing and volatile week in modern history, as a widening crisis of confidence led to the demise of the 158-year-old Lehman Brothers, a government takeover of American International Group , a shotgun marriage of Merrill Lynch with Bank of America , and the merging of Goldman Sachs Group Inc. and Morgan Stanley into banks.But there’s light at the end of the tunnel. Watch closely how Wall Street insiders console each other.Read More...
[Source: The Money Blogs]
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