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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 08:53 PM
Original message
Lehman Bros., Merrill Lynch, AIG......
Who's Next?

Who's Left?
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RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 08:54 PM
Response to Original message
1. CHINA
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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 08:57 PM
Response to Reply #1
3. *shudder*
:scared:
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NC_Nurse Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 08:55 PM
Response to Original message
2. Bank of America keeps buying distressed companies like Merrill and Country-
wide....either they'll boom or bust BIG TIME!
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yodoobo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 09:52 PM
Response to Reply #2
6. Yep BOA will be a monster in a few years
Either a monster of a failure, or a near monopoly.

Neither is good for the country.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 09:04 PM
Response to Original message
4. WaMU
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 09:28 PM
Response to Original message
5. what's going on with AIG?
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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 06:55 AM
Response to Reply #5
7. A.I.G. sought a $40 billion lifeline from the Federal Reserve,
A.I.G. sought a $40 billion lifeline from the Federal Reserve, without which the company may have only days to survive.


http://www.nytimes.com/2008/09/15/business/15lehman.html?_r=1&hp&oref=slogin
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Marrah_G Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 07:48 AM
Response to Original message
8. I'm pretty nervous.
Edited on Mon Sep-15-08 07:49 AM by Marrah_G
I work for a small life/disability insurance brokerage. My boss (the owner)is a VERY liberal Democrat and an all around great guy. The mortgage and financial problems have cut down our business quite a bit. I love my job and I'm hoping things don't get bad enough that we can't keep afloat.

As for AIG- We rarely use their underwriting anymore. Crappy Customer service and policies take forever to get approved. I think I only have 3 or 4 applications sitting with them right now.
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