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Thread: Who is going to be next?
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[quote=LEONARDO,323255]USA is facing a serious financial turmoil. The Federal Reserve Bank of New York will lend an 85 billion dollars for American International Group Inc. (AIG) to rescue the country's biggest insurer from bankruptcy.·If AIG fails, it could trigger a wave of problems for banks around the world. Merrill Lynch & Co., the third largest U.S. investment bank, sold itself to Bank of America Corp. The fourth largest US investment bank went bankrupt. What is the plight of the second largest US investment bank?[/quote]
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