Astroboy
先輩
- 5 Dec 2007
- 1,264
- 25
- 58
- Thread starter
- #51
Lehman face failure, and WHO's NEXT?
As Lehman Brothers Holdings stared failure in the face on Sunday, anxiety intensified about the health of several other big U.S. financial institutions.
Merrill is in merger talks with Bank of America, the Wall Street Journal said on Sunday, citing people familiar with the matter.
Nouriel Roubini, a New York University economics professor who predicted the U.S. housing crisis, said the government lacks the wherewithal to step in every time a big financial firm fails. "I don't see any simple solution to this mess," he said.
One after another failure ..... The second stage of US subprime mess has just begun, I think. And I am experiencing Déjà vu in viewing this.
As Lehman Brothers Holdings stared failure in the face on Sunday, anxiety intensified about the health of several other big U.S. financial institutions.
Merrill is in merger talks with Bank of America, the Wall Street Journal said on Sunday, citing people familiar with the matter.
Nouriel Roubini, a New York University economics professor who predicted the U.S. housing crisis, said the government lacks the wherewithal to step in every time a big financial firm fails. "I don't see any simple solution to this mess," he said.
One after another failure ..... The second stage of US subprime mess has just begun, I think. And I am experiencing Déjà vu in viewing this.