FishingBuds
Well-known member
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?
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?