From the New York Times: Stunning Fall for Main Street’s Brokerage Firm
"The sale, if completed, would open a new chapter for Merrill, which was founded in 1914 and promoted the idea that anyone, not just the rich, should invest in markets."
From CNNMoney.com: Credit crunch hits small businesses
From Newsweek: How Worried Should You Be?
"I was the type of business that in times like this people have to cut out," she explains. "More and more people had to let go of the convenience we offered to save money and instead make their own dinners, pack their own kid's lunches, do their own grocery shopping and eat less organically."
"With much of Wall Street and Washington in panic mode, investors and consumers might feel like they should be on the move, too. But what to do: Buy? Sell? Stuff the mattress? Head for the hills?Maybe just digest. There's a lot to swallow, coming off a weekend that saw the nation's housing-mortgage-credit crunch roll over some of the
nation's biggest financial firms."
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