Uncertainty reigned yesterday outside the world headquarters of Lehman Brothers Holdings Inc. in New York.
(Shannon Stapleton/Reuters)
Shock waves
Stocks plunge after crisis in investment firms
US hastens to ease fears, keep credit flowing; Another stimulus package and rate cut may be in offing
Uncertainty reigned yesterday outside the world headquarters of Lehman Brothers Holdings Inc. in New York.
(Shannon Stapleton/Reuters)
Stocks suffered their worst losses in seven years as the failure of investment firm Lehman Brothers Holdings Inc. and the sudden sale of Merrill Lynch & Co. stoked investor fears of even deeper problems in the nation's financial system. (Full article: 1340 words)
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