
Sunday, Sept. 14, 2008 - Trouble brews..
...Merrill Lynch Chief Executive John Thain and Bank of America CEO Kenneth Lewis sat during a news conference announcing the aquisition of Lehman Brothers,which was on the brink of collapse and scrambling for a buyer. But a few days later, there were still no suitors for the 158-year old investment bank, and bankruptcy seemed inevitable.........
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Source: CNN Money