❗Help close the gap: We still need to raise $40,000 by the end of March. Donate now
My Two Cents

The Wall Street Meltdown

Chris Farrell Sep 15, 2008

I’m not surprised that Lehman Brothers went into bankruptcy. But Merrill Lynch worried enough to sell itself to Bank of America? That’s a stunning development.

AIG is an extremely complicated, global insurance company with a large presence in Asia. Technically, its regulated by the states, but the Feds are deeply involved this time around.

Who’s next?

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.