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Brokers on the floor of the New York Stock Exchange on a turbulent day for the exchange. The Dow Industrials Suffered a 4.4% Loss of over 500 points. Lehman Brothers, burdened by $60 billion in soured real-estate holdings, filed a Chapter 11 bankruptcy petition in U.S. Bankruptcy Court after attempts to rescue the 158-year-old firm failed. Bank of America Corp. said it is snapping up Merrill Lynch & Co. Inc. in a $50 billion all-stock transaction. Sept 15, 2008.
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