jonny12gauge
Shared on Mon, 09/15/2008 - 17:57:(
Ouch! This can't be good for anyones portfolio!
By TIM PARADIS, AP Business Writer
NEW YORK - A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials losing 500 points in their worst slide since the September 2001 terrorist attacks. Investors recoiled after a shakeup of the financial industry that took out two storied names: Lehman Brothers Holdings Inc. and Merrill Lynch & Co.
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