Tag Archive | "Merrill Lynch"

Stock market crash affects lead and zinc spot prices

Monday, September 15, 2008

By Heather Matthews – Exclusive to Lead Investing News Current market climate Shockwaves are running through global commodities markets as America faces one of its worst stock market crash since the Great Depression. The American housing market crisis has left many firms unprotected and over-leveraged: the bankruptcy of global investment bank Lehman Brothers has created [...]

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Base Metals Including Lead Fall

Monday, September 15, 2008

Industrial metals sank as investors scrambled to sell with the announcement of Lehman Brothers’ file for bankruptcy.   The US financial system faced an unprecedented shake-up as Bank of America announced it would buy Merrill Lynch, AIG was reported to be seeking help from the Federal Reserve, and the Fed said for the first time [...]

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