Washington vs. Wall Street

Chalk one up for Washington this week in the running battle with Wall Street. The SEC recently filed civil securities-fraud charges against Goldman Sachs (GS) and a trader in its mortgage group.


Lehman, Merrill, AIG and BofA

The action over the weekend resulted in Lehman Brothers (LEH) going into bankruptcy and Merrill Lynch(MER) selling itself to Bank of America (BAC).