Collapse on Wall Street

program: 
Evening News
program date: 
Sun, 09/14/2008

Following last week's takeover of the nation's two largest mortgage companies, other major financial players are beginning to collapse.  Over the weekend, Lehman Brothers, followed by Merrill Lynch, became the latest companies to succumb to the growing crisis on Wall Street.
KBOO's Spencer Raymond gave a commentary on this morning's Air Cascadia on some of the reasons for the current crisis:

 

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