Lynch

Lehman to File for Bankruptcy (Chapter 11)

Lehman Brothers to file for Chapter 11 bankruptcy spelling the end for the 158 year old firms. :(

http://online.wsj.com/public/us

Morgan Stanley was originally going to buy Merrill Lynch according to CNBC

It looks like Morgan Stanley perhaps made a big error in not acquiring Merrill Lynch. Even though Morgan Stanley could not examine Merrill's books in 48 hours, had Morgan Stanley acquired Merrill Lynch we probably would have seen the rise of the new number one investment bank in the world. Yes, Goldman Sachs would have been overthrown by Morgan Stanley for top investment bank.....

http://www.cnbc.com/id/26708319