AT A GLANCE:Lehman Files For Bankruptcy; BofA To Buy Merrill: "THE EVENTS: Two of Wall Streets' venerable investment giants have been brought to their knees - and an insurance powerhouse hangs by its fingertips. Lehman Brothers Holdings Inc. (LEH) filed for bankruptcy protection, while Merrill Lynch & Co. (MER) agreed to be acquired by Bank of America Corp. (BAC) for $50 billion.
Meanwhile, another victim of the ongoing credit and housing crunch, insurance giant American International Group Inc. (AIG), is desperately trying to raise capital."
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