Lehman Brothers, Merrill Lynch, latest financial market victims

Wall Street awakes to 2 storied firms falling
 2 storied Wall Street firms fall as US financial markets roiled by further shock waves

 NEW YORK (AP) — When Wall Street woke up Monday morning, two more of its storied firms had fallen.Lehman Brothers, burdened by $60 billion in soured real-estate holdings, filed a Chapter 11 bankruptcy petition in U.S. Bankruptcy Court after attempts to rescue the 158-year-old firm failed. Bank of America Corp. said it is snapping up Merrill Lynch & Co. Inc. in a $50 billion all-stock transaction.