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What exactly happened to the old Wall Street? Perhaps there is no definitive answer. But one thing is certain, there is an ample amount of negative fallout left behind. When heavy-hitters such as Lehman Brothers and Merrill Lynch declare bankruptcy or find rescue through Bank of America, respectively, trouble abounds. When predictions of smaller investment banks, leaner profits and fewer finance jobs available surface, that trouble needs to be addressed. And, when many rush to withdraw money from their bank accounts as phrases including “The Depression” are tossed around, something has to give—now.
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