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.
IAI
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).