Following the disappearance of Bear Stearns in March, and now the bankruptcy of Lehman Brothers and the surprise plans for Bank of America to absorb Merrill Lynch, three of Wall Street's five big independent investment banks have disappeared inside six months. After an astonishing weekend it is too early to predict the future shape of investment banking with confidence, but business as usual is not one of the possibilities.
自3月份贝尔斯登(Bear Stearns)消失之后，如今雷曼兄弟(Lehman Brothers)破产，而美国银行(Bank of America)出人意料地计划吸纳美林(Merrill Lynch)，意味着华尔街五大独立投行中，有三家已在6个月内相继消失。刚刚度过一个令人震惊的周末之后，现在要有信心地预测投资银行业的未来格局还为时过早，但“一切照常”已被排除在外。
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