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Special Report: Can Dow Hold 11,000?
The financial markets are in turmoil. Lehman Brothers (LEH), the nation rsquo;s fourth largest investment bank, filed the biggest bankruptcy in history this morning, defaulting on $613 billion in debt. Merrill Lynch (MER) sold itself to Bank of America (BAC) for $50 billion as the company bled $17 billion over the past four quarters. Plus, there ar....
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Cybersquatters register domains for potential bank-mergers
Today in his Observer column, John Naughton takes account of the thriving practice of cybersquatting domains for potential bank-mergers: Even as the short-selling vultures began circling Lehman Brothers, HBOS, Merrill Lynch and co, a legion of entrepreneurs began betting on domain names for hastily merged financial institutions. For example, when B....
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