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Bankruptcy

: Georgia Bankruptcy Blog

Big Week On Wall Street: Two Giants To Disappear?

By Scott Riddle

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The news hit over the weekend that Lehman Brothers intended on filing a Chapter 11 petition in the Southern District of New York. See their announcement here.  ( WSJ Legal Blog). 

Additionally, Bank of America is buying Merrill Lynch (WSJ article).

Big insurer American International Group (AIG) is also facing serious pressures.

Full post as published by Georgia Bankruptcy Blog on September 15, 2008 (boomark / email).

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