ETFs Tumble After Pending Home Sales Fall, Lehman Questioned
September 09, 2008 at 13:00 PM EDT
Wall Street and exchange traded funds (ETFs) took a step back early this morning after a few worrying developments. The stability of Lehman Brothers (LEH) came into question, sending their shares as much as 40% lower. Concerns arose over whether the fourth-largest investment bank on Wall Street would be able to raise capital, report Richard Leong [...]