ed-herlihy

Street Talk: Lehman Files for Bankruptcy, Merrill Is Sold

cityfile · 09/15/08 05:20AM
  • After frantic takeover talks with Bank of America and Barclays ended over the weekend—and after the U.S. government declined to provide a bailout—Lehman Brothers was forced to file for Chapter 11 bankruptcy protection this morning, marking an end to the 158-year-old firm. [Bloomberg, NYT, WSJ]