Daily Independent (Lagos)
13 October 2008
The global financial system has been shaken lately by the failure of Lehman Brothers, the 4th largest investment bank in the United States. Merrill Lynch, another giant in the United States (US)and world financial markets, was barely rescued by a $50bn hurried lifesaving buyout by the Bank of America while the US Federal Reserve, which is the equivalent of our own Central Bank, wedged the ...
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