Labor & Economic News Blog
Tuesday, September 16, 2008
Lehman Bros., Merrill Lynch employees anxious about futureLehman Bros., Merrill Lynch employees anxious about future
Lehman Bros., Merrill Lynch employees anxious about futureWorkers at the two major investment banks are mired in uncertainty after the weekend's shake-ups. A mixture of shock, anxiety and grim resignation settled over tens of thousands of investment bankers, brokers and other Wall Street employees Monday as they absorbed the news that two of the nation's major investment banks were vanishing in the turmoil roiling the financial system.
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