Current Events — HabitableZone

Current Events » in reply to Financial Markets "One step away' from meltdown"

re: Financial Markets "One step away' from meltdown"

Three Wall Street giants on the brink

From the Canadian news, predictions of a massive reshaping of the US Financial sector, with Lehman going bust (no surprises), AIG restructuring (ditching assets?) to raise $40billion to cover losses, and Merrill_Lynch sold to Bank of America.

By any standards this is a looking like complete @@@@ up. And to think of the gargantuan salaries and bonuses these characters pulled down, I may weep.

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