What do you think will be the impact of Bankruptcy by Lehman Brothers???

India
September 16, 2008 12:26am CST
Its been said loud now that US top third Lehman Brothers are going to file for Bankruptcy. What and where do you feel will be the major impact of this? People have already started giving their own versions and i want to hear how my fellow mylotters feel about this?
1 response
@jammyt (2818)
• Philippines
16 Sep 08
Oh I think the Us will suddenly b lenient with giving out visas to their country because they now need the dollars. It's sad that this is happening to the Us. In fact, it is scary because the USD is known to be one of the most stable currencies. the next president will have a hard time with what Bush is leaving behind.
• India
16 Sep 08
Well it may be cause ripples like after the Tsunami effect. Well you are true the next president of US will have very tough time. I have read few blogs and their views are leading to very dangerous situations if all goes according to them what they had on their blogs.