The news of LEHMAN BROTHER's bankrupcy caused extreme chaos at Wall Street yesterday. US and European governments are holding meetings to prevent financial crisis.
The Hang Seng Index and Nikkei dropped 6.5% and 5% respectively.
Established in 1850, LEHMAN BROTHERS experienced the 1929 Great Depression and many financial crisis. The announcement led to many questions on whether the mortgage problems in US will be worsened?
The company was ordered to stop all its businesses at all offices and keep all assets untouched.
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