Lehman Bros to file Chapter 11

Not a very nice picture After 150+ years, Lehman Brothers to reorganize operations. It will be interesting to see what kinds of bonuses (and what amounts) have been paid out in just the last ten to twelve months for 'exceptional' performance. The stock market is still above 11000, but where will it close today? In a related note, Merrill Lynch agreed to a buy out by Bank of America. The good news? Crude oil prices continue to drop. -ski