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Financial turmoil to trigger IT consolidation
...trigger IT consolidation Investment bank Lehman Brothers has filed for bankruptcy and Bank of America has agreed to rescue investment bank Merill Lynch for $50m, as the latest casualties of the credit crunch sent more shockwaves through the global... http://www.computerweekly.com/Articles/2008/09/15/232303/financial-turmoil-to-trigger-it-consolidation.htm
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Fed President Says Federal Reserversquo;s Actions Added to Market Volatility
...he told an annual policy conference at the free-market think-tank. The Fed bankrolled JP Morgan Chase to rescue investment bank Bear Stearns this year but did not save larger rival Lehman Brothers from failure in September, although a... http://www.wallstreetandtech.com/feed/showArticle.jhtml?articleID=212101001&cid=RSSfeed_WST_All
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