‘All Hell Breaking Loose’ – Commentary – 15 September 2008
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Written by Anthony Truong on September 15, 2008 – 10:03 am
Lehman Brothers, the 4th biggest investment bank in the US, is filing for bankruptcy???
Merrill Lynch, the largest stockbroking firm in the US, is being taken over by Bank of America???
AIG, the insurance giant, planning an urgent restructuring to stave off possible default??? AIG apparently seeking $40 billion to shore up its capital position???
It’s going to be a crazy second half of September. I’ll try to send out an equities update in the next few days.
Happy trading!

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