Why AIG was bailed out but not Lehman Brothers
There is a theory in finance and economics called the “Big Bank Theory” which … Read more
Lehman Brothers files for bankruptcy; BoA acquires Merrill Lynch
It’s a sad — and scary — day for financial markets today. Lehman Brothers, … Read more
Job layoffs here, there and everywhere
Also read: 126,000 more workers worldwide to lose jobs and Job losses in the … Read more