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Off The Water
Watering Hole
I didn't know this yet??!!!
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<blockquote data-quote="FishingBuds" data-source="post: 49383" data-attributes="member: 173"><p>Lehman Brothers Bankruptcy, Merrill lynch Sold :shock: </p><p></p><p>thats a bit of a concern isn't it????</p><p></p><p>seen this quote today</p><p></p><p>"The humbling moves, which reshape the landscape of American finance, mark the latest chapter in a tumultuous year in which once-proud financial institutions have been brought to their knees as a result of hundreds of billions of dollars in losses because of bad mortgage finance and real estate investments."</p><p></p><p>I mean these were the BIG DOGS correct? we shouldn't really see them sell off or collapse? I'm not trying to be doom and gloom here but its a bit of a eye opener for me. Do I miss something here or do I have a right to be concerned?</p></blockquote><p></p>
[QUOTE="FishingBuds, post: 49383, member: 173"] Lehman Brothers Bankruptcy, Merrill lynch Sold :shock: thats a bit of a concern isn't it???? seen this quote today "The humbling moves, which reshape the landscape of American finance, mark the latest chapter in a tumultuous year in which once-proud financial institutions have been brought to their knees as a result of hundreds of billions of dollars in losses because of bad mortgage finance and real estate investments." I mean these were the BIG DOGS correct? we shouldn't really see them sell off or collapse? I'm not trying to be doom and gloom here but its a bit of a eye opener for me. Do I miss something here or do I have a right to be concerned? [/QUOTE]
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Off The Water
Watering Hole
I didn't know this yet??!!!
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