Lehman Bros meltdown shakes world's markets - 15 Sep 08
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Top US investment bank Lehman Brothers filed for bankruptcy protection, a move that sent shockwaves through financial markets.
The European Central Bank has injected $42bn into the money markets in a bid to calm market fears.
The Asian and European markets have been plummeting over fears that other major investment banks on Wall Street will go bust over the next couple of weeks.
Al Jazeeras Clayton Swisher reports. |
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