Goodbye lehman; hello BOA

"it took a hundred years to build up a firm like this and it's sad if it goes away" said Mr dulles

All it took was this sentence for me to feel for lehman fate.

I really thought that lehman downfall is merely paying for their own mistake. In this case, a costly one.

Lehman brother, a 158years old investment bank founded by Henry Lehman, a german immigrant. They started out very small and through generation and merger they went ahead to become the 4th largest investment bank. During the 158 years of history, they survived the Great Depression, 2 world war and other minor crisis. However, it looks to us that subprime was a different league to them and now they fall onto their knee.

Sometimes in life, a mistake can be free. But some, is just costly

Yes yes yes. I've new dream! Hahaha. I want to build my own investment bank! But with a new business model. I have came out with a name which i thought it is nice? Guess it? I think i prefer to call it, William's. Woot? Don't you think it give the impression of

prestige?



Lol