The New Gravity

- WatersTechnology Staff
- 01 Apr 2009

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One year ago last month, Bear Stearns collapsed and at the time it seemed as if it would be the only financial services giant to crumble. If anyone had said that Lehman Brothers, AIG, Fannie Mae and Freddie Mac would follow suit in the fall of 2008 and that both Wachovia and Merrill Lynch would offer themselves for sudden acquisitions, you would have laughed. If you were also informed that hundreds of billions of dollars would need to be pumped into the US economy, your laughter would soon stop

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