Lehman Brothers files for bankruptcy, Bank of America buys a struggling Merill Lynch, and AIG asks for a emergency loan. Could it get any worse for the world's financial markets?
Interestingly, on the same day, crude crashed to a long-time low of less than 100 USD/barrel. The dollar has also risen to more than 46 per rupee, when just a few months back, we were worrying about it going up to around 36!
Makes no sense to me frankly!
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