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Lehman looks headed toward bankruptcy
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I think we should have allowed Bear Stearns, Freddie Mac and Fannie Mae fail. We have to draw the line, we can't bail out all these companies.
BofA is acquiring Merrill Lynch for 50 billion it looks like.
Lehman brothers it appears will file Ch 11 bankruptcy this week.May 31st, 2007: Petition Filed by my lawyer
July 2nd, 2007: 341 Meeting Held
September 4th, 2007: Discharged and Closed.
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