September 14,2008: The month of September any year doesn’t seem to be very favorable for financial markets in New York. The recent developments point to what experts say could be yet another depression in US history.

·        Lehman files bankruptcy

·        BOA buys Merrill – $50 billion

·        AIG plans sales to raise billions

·        WaMu in line ?

A bright and sunny weekend in Seattle and an overcast sky in New York for months to come.




More news:


1.      Wall Street on Red Alert

2.      Lehman – Chicken Game over

3.      After Frantic Day, Wall Street Banks Falter

4.      Greenspan: Economy in a once-in-a-century crisis

5.      Wall Street awakes to 2 storied firms gone