LEHMAN BROTHERS

Hi guys, today the world’s largest investment company Lehman Brothers announced that they are applied for bankruptcy protection in the US. In turn it affected the whole world's market. All the stock markets are getting affected through this issue and the losses are heavy. The loss in Indian Market is also too heavy. I guess that this change is going to affect us a lot more than this.

The cause for this is they gave lots of loans and it is still uncollected .so the lost their asset. The American government is also helpless in this issue; they helped American Insurance from the loss.

Already the Information Technology field is stable and this new issue has made the Indian market to lose its hope for the future investment bankers.