Lehman, Merrill Lynch Moves Wreak Market Havoc
Sep 15th, 2008 · To avoid bankruptcy, the nation's largest brokerage firm, Merrill Lynch, agreed to sell itself to Bank of America for $50 billion. The fourth-largest U.S. investment bank, Lehman Brothers, couldn't find a buyer and decided to file for bankruptcy. The question swirling in the markets is: "Who's Next?"