Lehman failure, Bank of America/Merrill Lynch buyout shake Wall Street again
News posting on September 15, 2008 | Related to Aerohive
Wall Street shook once again as Lehman Brothers announced it’s headed into bankruptcy and Bank of America said it’s buying Merrill Lynch for about $50 billion in a stock-swap deal. There’s fallout for employees and implication for IT investment on Wall Street.
Source: Network World
