Description
When the third quarter of 2008 mercifully came to a close, the financial industry’s landsccap was forever changed. On September 8, 2008, mortgage titans Fannie Mae and Freddie Mac were taken into conservatorship. On Septemmbe 15, 2008, Lehman Brothers closed its 158-year history with a Chapter 11 bankruptcy filing. One day earlier, it was announced that Merrill Lynch would be acquired by Bank of America. Insurance giant AIG came under government control on September 16, 2008. On September 21...

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