Sunday, September 14, 2008

I can't think of worse circumstance for BCE to be saddled with $44 billion of debt?

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.

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