Relevant:
- Lehman may have to raise capital if sells assets
- Bank of America E-Mails Show Lehman, Not Merrill Was Buy Target
- Markets plunge worldwide after Lehman bankruptcy, Merrill acquisition
- Lehman, UBS Among Firms That Helped U.S. Tax Dodge, Probe Says
- Merrill Poaches Another Trader, Lehman Sees Mortgage Head Bolt
2008-09-15 — wsj.com
"The weekend's momentous developments -- Lehman Brothers Holdings' looming collapse, Merrill Lynch's merger talks with Bank of America and American International Group's plans to sell assets -- all have one thing in common: The firms couldn't deal with tens of billions of dollars in mortgage exposure left on their balance sheets from the credit boom."
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