|
Home
Industry News
Related Keywords
Link Rank
Web Development
Kill Spam Bots
|
|
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....
|
|
Derivatives Are Next
Lehman is Chapter 11, Merrill sold to BoA, now all the derivatives need to be unwound. This is huge and has never been witnessed before. According to AP: On Sunday, there was also an emergency trading session being held at the International Swaps and Derivatives Association to reduce risk associated with a potential Lehman Brothers [...]
|
|
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....
|
|