Markets dip as Lehman goes belly up
Mo Grimeh, a Lehman Brothers managing-director who has worked with the company for 10 years, walks out of his office building in New York on Sunday. Lehman filed a bankruptcy petition with the US Bankruptcy Court after attempts to save the 158-year-old bank from insolvency failed. Reuters |
NEW YORK: When Wall Street woke up yesterday, two more of its fancied firms had fallen.
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