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Fallout expected from Lehman collapse

by isleofman.com 16th September 2008
The Lehman Brothers collapse will affect the Isle of Man, but the markets haven’t panicked yet.

That’s the message after the 150 year old bank, the fourth biggest on Wall Street, announced it would file for bankruptcy protection.

Patrick Crookall of stock market brokers Ramsey Crookall says there could be fallout in the Island as stock markets wobble.

However, he says investors who can ride out the storm are still putting money into the world markets:
Posted by isleofman.com
Tuesday 16th, September 2008 08:10pm.

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