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Indian banking system immune to US woes?

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  • Published On: September 15, 2008
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No matter where you look at it from a failed plan to rescue Lehman Brothers and Bank of America's takeover of Merrill Lynch can t be good news for investors worldwide. Wall Street's fourth largest investment bank, Lehman Brothers, is preparing to file for bankruptcy protection, while Merrill Lynch has agreed to a takeover by Bank of America.
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