Pink slip alert

Doran, Ryan
September 2008
Westchester County Business Journal;9/22/2008, Vol. 47 Issue 38, p21
The article focuses on the condition of the finance industry in the U.S. It states that the bankruptcy condition of Lehman Brothers Holdings Inc. and Merrill Lynch & Co. implosion will undoubtedly creep into local economies. Meanwhile, the financial hiring index of the industry is also mentioned in the article.


Related Articles

  • Feature Analysis.  // MarketWatch: Financial Services;Nov2008, Vol. 7 Issue 11, p9 

    The article presents an analysis on the financial crisis that led to the collapse of several financial institutions in the U.S. It anticipates that the crisis would result to defaults, increase of unemployment and lower consumer spending. The bankruptcy of investment banks Lehman Brothers...

  • Lament for fading building societies. Baxter, Nick // Mortgage Strategy;9/22/2008, p17 

    The article analyzes the impact of the events in 2008 as one of the most turbulent years in financial services industry history. The crisis has caused Lehman Brothers Holdings Inc. to shut down and business failures for Merrill Lynch & Co. and HBOS PLC. In addition, the global credit crunch has...

  • Public Works, Not Bailouts, Will Ease The Financial Crisis.  // ENR: Engineering News-Record;9/22/2008, Vol. 261 Issue 9, p150 

    The author comments on the financial crisis facing the U.S. in line with the failure of Lehman Brothers Holdings Inc. and the forced sale of Merrill Lynch. The author relates the role of the subprime lending crisis in the financial crisis. The author describes the impact of the crisis on the...

  • Market in crisis. Barker, Cyril Josh // New York Amsterdam News;9/25/2008, Vol. 99 Issue 40, p1 

    The article focuses on the economic report on the troubles in the financial service sector and the weakening of the real estate market in the U.S. by the New York State Division of the Budget. According to the agency, the low earnings and potential layoffs from companies such as Lehman Brothers...

  • What Moves Mean for I-Banks' Thrifts and ILCs. Adler, Joe // American Banker;9/16/2008, Vol. 173 Issue 179, p3 

    The article discusses the financial performance of investment banks. Lehman Brothers Holdings Inc., one of the largest investment banks in the U.S., filed for bankruptcy in September 2008. Lehman owns a thrift and an industrial loan company which could interest bidders. Merrill Lynch & Co. is...

  • Merrill Lynch local operations await sale outcome. Beaman, Lucinda // Money Management;9/25/2008, Vol. 22 Issue 36, p4 

    The article reports on the market implications of the move of Lehman Brothers Holdings Inc., the fourth largest investment bank in the U.S., to file for bankruptcy as well as the acquisition of Merrill Lynch & Co. by the Bank of America Corp. Accordingly, the report had stunned the investment...

  • Bye-bye, Dinosaurs! VERES, BOB // Financial Planning;Nov2008, Vol. 38 Issue 11, p37 

    The author reflects on the demise of several brokerage organizations in the U.S. including the bankruptcy filing of Lehman Brothers, the sale of Merrill Lynch, and the reformulation of Morgan Stanley and Goldman Sachs as banks. According to the author, he predicted that this demise will happen...

  • Excessive use of leverage now walloping Wall Street. Skarbeck, Ken // Indianapolis Business Journal;9/22/2008, Vol. 29 Issue 29, p22A 

    The article focuses on the fall of several financial institutions in the securities industry in the U.S. It highlights the downfall of Lehman Brothers Holdings Inc., American International Group Inc. (AIG) and Merrill Lynch & Co. It emphasizes that the excessive use of leverage is walloping the...

  • Markets' Dizzying Week Concludes on an Upswing. Davis, Paul; Kuehner-Hebert, Katie // American Banker;9/22/2008, Vol. 173 Issue 183, p2 

    The article reports on a rise in bank stocks and the market at large on September 19, 2008, ending a volatile week for the U.S. financial services industry on an up-swing. Details on bank index and Dow Jones index gains are presented. The week included bankruptcy filings from Lehman Brothers...

  • BANKING SYSTEM STABILITY:COMMERCIAL AND CO-OPERATIVE BANKS. OANEA, Dumitru-Cristian; DIACONU, Ioana-Raluca // SEA: Practical Application of Science;2014, Vol. 2 Issue 1, p404 

    Commercial banks and co-operative banks are credit institutions, but there are some differences between the main operations proceeded by each of them. Based on these specific characteristics, we want to identify the manner in which financial crisis affected their activity. As we all know, the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics