Sep 16th, 2008 · Lehman Brothers' decision to declare bankruptcy has rocked Wall Street. Bob Lenzner, national editor at Forbes magazine, talks with Steve Inskeep about the failure of the investment bank and the shift in power on Wall Street.
Sep 15th, 2008 · Lehman Brothers declared bankruptcy Monday, but the company had many missions and monikers over the years. It began as H. Lehman general store in Montgomery, Ala., in 1844 before becoming one of the "Big Five" investment banks.
Sep 15th, 2008 · Markets have tumbled after the investment bank Lehman Brothers filed for bankruptcy, and the brokerage firm Merrill Lynch agreed to be bought by Bank of America. Financial experts explain what's happening on Wall Street today and discuss the larger picture for the U.S. economy.
Sep 15th, 2008 · Is history repeating itself? Ten years ago Long-Term Capital Management failed. Roger Lowenstein tells Madeleine Brand that the biggest lesson was leverage. Ultimately, he says, the government made the right decision not to bail out Lehman.
Sep 15th, 2008 · U.S. stock prices are down sharply as investors digest the news of another major financial collapse on Wall Street. This weekend, the government decided not to help rescue Lehman Brothers, as it did Bear Stearns, Fannie Mae and Freddie Mac. As a result, it has filed for bankruptcy. Also Sunday, Merrill Lynch agreed to sell itself to Bank of America rather than suffer the same fate.
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?"
Sep 15th, 2008 · Wall Street is facing a complete restructuring. The investment bank Lehman Brothers filed for bankruptcy today after failing to find a buyer over the weekend. Bank of America bought Merrill Lynch instead, saving the firm from collapse. Marcus Mabry of the New York Times explains.
Sep 15th, 2008 · Lehman Brothers seems headed for bankruptcy protection after the securities firm failed to find a buyer.