Canadian banks ranked soundest in the world – Maybe Harper is right and the fundementals are sound? October 9, 2008 U.S. has fallen to No. 40 in World Economic Forum list: Canada has the world’s soundest banking system, closely followed by Sweden, Luxembourg and…
Lehman Files for Biggest Bankruptcy in American History, rumors of warnings with AIG and Citibank and the coming market meltdown September 15, 2008 Sept. 15 (Bloomberg) — Lehman Brothers Holdings Inc., the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the…