Monday 15 September 2008

Lehman Goes Bust

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TIMESONLINE:
Banks Pump in £30bn as Lehman Goes Bust >>> By Christine Seib, Suzy Jagger in New York | September 15, 2008

TIMESONLINE:
Analysis: 'Black Monday' Threatens London >>> By Martin Waller | September 15, 2008

LE FIGARO:
Lundi noir à la Bourse de Paris : L'indice parisien a perdu 3,78% après l'annonce de la faillite de Lehman Brothers. Les valeurs bancaires accusent le coup. >>> Par A Panizzo | 15.09.2008

WELT ONLINE:
Finanzkollaps: Der schwarze Montag der großen Banken: Zwei der größten Investmentbanken der Welt sind am Ende: Lehman Brothers in den USA ist pleite, Merrill Lynch aufgekauft. Die Turbulenzen in Amerika haben weltweit Folgen. Weitere Milliardenlöcher könnten sich auch bei deutschen Banken auftun. Bundesregierung und Finanzkontrolleure sind alarmiert. >>> | 15. September 2008

THE TELEGRAPH:
Watch video: Lehman bankruptcy: Telegraph view >>>

THE TELEGRAPH:
Dow Jones Slides as Lehman Bankruptcy Prompts Frantic Trading: Markets on Wall Street endured a frantic opening as the Dow Jones Industrial Average tumbled 300 points following the collapse of Lehman Brothers.

As traders moved to bail out of financial stocks and close out positions with Lehman Brothers, investors looked on nervously to see the extent of the damage following one of Wall Street's most dramatic weekends in decades.

After 20 minutes of trading, the Dow appeared to be heading lower, down 293 points at 11,126, with bank shares and other financials taking the hardest hit.
>>>
By James Quinn, Wall Street Correspondent | September 15, 2008

BBC:
It’s Like a Massive Earthquake: The mood was sombre as Lehman Brothers staff at Canary Wharf in London came to terms with an uncertain future after their company became the latest victim of the credit crunch >>> By Vanessa Barford, BC News, Canary Wharf | September 15, 2008

The Dawning of a New Dark Age – Paperback (US) Barnes & Noble >>>
The Dawning of a New Dark Age – Hardcover (US) Barnes & Noble >>>