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Taxation & Estate Planning

: Start Making Sense

Fall of the titans

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Lehman Brothers apparently was founded in 1850, and Merrill Lynch in 1914. The fall of these two titans - though Merrill Lynch is merely being sold, not liquidated - truly is an epochal event, symbolizing how high the metaphorical flood waters, no less than the literal ones in various hurricane zones, are rising these days.

Full post as published by Start Making Sense on September 15, 2008 (boomark / email).

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