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Personal finance tips as Merrill Lynch and Lehman Brothers evaporate

By John Hockenberry, Adaora Udoji

Tuesday, September 16 2008

The stock market has taken a hit the likes of which haven't been seen since the attacks of Sept. 11, 2001. Investors reacting to the bankruptcy filing of Lehman Brothers and Bank of America's purchase of Merrill Lynch sent the Dow plunging more than 500 points. Rob Lieber, New York Times "Your Money" columnist, answers questions about your personal finances.

Guest: Ron Lieber, personal finance reporter for the New York Times
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