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Reuters: Lehman may face failure as Merrill sale reported

Started by chris, September 15, 2008, 04:00:32 AM

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chris

Lehman may face failure as Merrill sale reported
      


NEW YORK (Reuters) - The ruptured U.S. financial system was facing an unprecedented shakeup on Sunday that was expected to lead to the failure of Lehman Brothers, the takeover of Merrill Lynch & Co and big asset sales by major insurer American International Group.
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