Business Buzz Three huge financial institutions were liquidated and resold over the weekend, and thousands of bank closures are to be expected in the coming months. Yikes. I hope this doesn’t make me feel guilty for watching The Hills tonight instead of CNBC.
Business Buzz The U.S. and global markets are reacting to the triple news of Lehman’s bankruptcy, Merrill Lynch’s sale to Bank of America and AIG’s request of a $40 billion bailout from the government. Someone’s got a bad case of the Mondays.