anyone affected?
Erm.. i hope not. lol
People in Singapore will be affected, stock market uncertainty, job lay offs from Merrill Lynch (which is going to increase with the takeover [if takeover happens]).
Staff in Lehman i think most have been told to look for other jobs...
i think they are looking into transferring staff overseas or to other banks in singapore...
ML should have a bit.. but not as bad as Lehmans.
one of my friend who worked at lehman..
luckily got another offer...left e coy b4 it filed for bankruptcy..
seems like AIG cld be e next...
yeah.. and jp morgan chase too.. =(
banks forced to sell off any stocks/assets so that they can pay off debts
Nope...asked my financial advisor how come he did not buy any lehman brother products for me. He said it was to complex for him to understand :)
Originally posted by oxford mushroom:Nope...asked my financial advisor how come he did not buy any lehman brother products for me. He said it was to complex for him to understand :)
cos..its not his CORE product i guess..