Archive for merrill lynch
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AIG scrambling?
The recent episode that happened to Lehman brothers and Merrill Lynch is causing a spread of fear in AIG’s assets too. Many insurance policy holders are anxious and are worried that in the event that AIG faces the same fate as the Big Brothers, their policies will turn to naught and would not be fulfillable. [...]
Markets Hemorrhage
Today is a day of reckoning for most markets. The key trigger factor is the fall of Lehman brothers as they file for bankruptcy protection. Even Merrill Lynch is suspected to go down the same paths. I smell shorts ready to fire. For Singapore’s Straits Times index, 2 major things happened. The 2500 level is [...]
