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Fatal floods are causing evacuations size rain is coming down out west. we will hear from the governors of both states in about an hour. on this friday the 13th, this is "the daily rundown." back to my first reads of the morning. five years ago sunday, lehman brothers sent shock waves to the economy and setting off the chain of events that sent the nation into the great depression and caused a global collapse. >> what's been called the worst financial crisis in modern times certainly the largest financial disaster in decades in this country. >> the 6th biggest point drop in history. >> this is...

The tsunami began this weekend. >> one of the worst days ever for the american financial system. >> as lehman brothers filed for bankruptcy protection just after midnight. with $613 billion in debt on its books, lehman is by far the largest bankruptcy ever in this country. >> while merrill lynch, the giant brokerage firm, sold itself to bank of america in order to save its own skin. >> as the merrill lynch deal was harm hammered out, word came late that insurance giant aig was also struggling to raise $40 billion to stay afloat. >> good evening and even congratulations. you are now the proud o...

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