Bank of America Merrill Lynch Buyout

In a Gloomy Economy, Signs of Light

Robert Reed | Posted 10.16.2008 | Business


Robert Reed

At a time when the stock market is plunging and a once-venerable Wall Street investment house is going bankrupt, it may seem like all is lost. Not true. In fact, amid the carnage, some examples have emerged that stir --shall we say--a cautious optimism about getting free of this mess.