Wall Street giant Lehman Brothers hanging by a thread as Greenspan warns of 'worst economic crisis I've ever seen'

Wall Street giant Lehman Brothers was staring bankruptcy in the face last night after Barclays and Bank of America turned their backs on a rescue bid.

News of the prestigious bank’s perilous position will send shockwaves through fragile global markets and economies, including here at home, as the credit crunch worsens.

Experts claimed other banks could go to the wall and conditions was worse than that faced in the 1929 Wall Street Crash.

Webmaster's Commentary: 

I hate to say I told you so, but, well, I did tell you so.

Nyah, nyah, nyah! :P

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