Lehman may face failure, Merrill may be bought
Sun Sep 14, 2008 8:40pm EDT
By Dan Wilchins and Glenn Somerville
NEW YORK/WASHINGTON (Reuters) - The ruptured U.S. financial system was facing an unprecedented shakeup on Sunday that could lead to the failure of Lehman Brothers, the takeover of Merrill Lynch & Co Inc and big asset sales by big insurer American International Group.
Sunday, September 14, 2008
Posted by Fillibluster at 9:23 PM