US Financial Giants in Trouble: Lehman Bankrupt, Merrill Sold, AIG on Oxygen

Santosh Kumar Agarwal 4 years ago Region: New York

The worst financial pandemic- since the Great Depression- is roaring through USA, resulting in stocks worldwide going on a tailspin. The Indian stock market, which had already suffered bouts of downturn in recent times, ha... more

Views: 1686

Sensex on a bloodbath

Online Reporter 4 years ago Region: India

Sensex is registering huge losses, owing to negative global news.  There is a lot of pessimism on the street with the lack of buyers, both FII and local. Lot of this pessimism can be associated with Lehman Brothers, a... more

Views: 1157

Wall Street tumbled after the collapsed of Lehman Brothers Inc

ARC IDEA CO 4 years ago Region: New York

It was a trading session on 16 September 2008. Dow Jones Industrial Average Index, DJI was seen deeply in red along side with its comtemporary like Nasdaq, S&P 500 and so on. Global markets were thrown in a state of panic ... more

Views: 1233

Lehman says it will file for bankruptcy

Online Reporter 4 years ago Region: California

End of an era on the Wall Street! Lehman Brothers, one of the most respected investment banking firm says, it will file for bankruptcy. Lehman was looking for buyers last week, after it has announced a 4 billion loss owin... more

Views: 944