Trouble In Financial World Weighs on ETFs, Global Markets
September 10, 2008 at 14:00 PM EDT
Financial exchange traded funds (ETFs) are smack in the middle of a rough week. Lehman Brothers Holdings (LEH) said it plans to sell a majority stake in its investment management unit and spin off commercial real estate assets, reports Dan Wilchins for Reuters. This is after posting a third-quarter loss of $3.9 billion. Analyst forecasts were for [...]