Bank of America Emerged From the Weekend Ahead, but Not Everyone Was So Lucky
As the dust settles from this weekend's turmoil on Wall Street, some winners and losers have emerged from all the action.
Clearly Lehman Brothers, its employees and shareholders lost out when the 158-year-old brokerage firm filed for bankruptcy. And New York residents could lose a lot as the state and city economies suffer from Wall Street's coming job losses.
But there are plenty of winners, too. The largest is likely to be Bank of America.
In a rushed deal, scraped together in just one... Full Story
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