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Credo Crunch


Wall Street crisis in pictures

Published: 14:40 | Last updated: 14:40

The slideshow charts 72 hours of high drama that could lead to one of the most radical reshaping in Wall Street history, capped by Lehman Brothers’ filing for bankruptcy and Merrill Lynch’s agreement to a $50bn takeover by Bank of America.

Merill Lynch chief executive John Thain leaves the Federal Reserve Bank of New York during weekend talks among top Wall Street executives and US treasury secretary Hank Paulson on the possible sale of Lehman Brothers. Mr Thain approached several rivals at the meeting, asking them whether they would be interested in bidding for Merrill Lynch

Weekend drama in pictures

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