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Today's Top Videos: Lehman, BofA, Fed & More...

CNBC.com
Monday, 15 Sep 2008 | 7:27 PM ET

Lehman Brothers filed for bankruptcy on Sundayto become the largest casualty of the global crisis, while Bank of America adds another slice to its growing financial services empire, buying Merrill Lynch in a $50 billion deal. Following are today's top videos:

BofA's Ken Lewis on Merrill Lynch
Insight on why the deal between Merrill Lynch and Bank of America is a strategic opportunity of a lifetime, with Ken Lewis, Bank of America CEO

BofA's Ken Lewis on Merrill Lynch

“We thought all along that government assistance would be required [if we decided to join Lehman Brothers] and that wasn’t available. We have minimal exposure to Lehman . [AIG , on the other hand] I don’t know of a major bank that doesn’t have some significant exposure to them.”

—Ken Lewis, CEO, Bank of America

Whitney On Wall Street's Future
Weighing in on Bank of America's latest deal and the future of Wall Street, with Meredith Whitney, Oppenheimer & Co. and CNBC's Maria Bartiromo.

Whitney On Wall Street's Future

“At a minimum, it’s traumatic for anyone that is involved. When this whole credit crisis began, I never in my wildest dreams imagined that the landscape would be excluding Lehman Brothers, Bear Stearns, and now Merrill as a part of Bank of America . This really exacerbates the credit crunch.”

—Meredith Whitney, Executive Director, Research Oppenheimer & Co.

Fed's Next Move
Fed Funds trading wildly ahead of tomorrow's Fed meeting, with CNBC's Steve Liesman; Joseph Stiglitz, 2001 nobel prize winner; and CNBC's Maria Bartiromo.

Fed's Next Move

“[The Fed] is clearly going to be worried about liquidity in the market. There has been a lot of liquidity injection today and that may lead them to lower the interest rates. [However] that doesn’t address the fundamental problems, the weakness in America’s financial market, and so it is a temporary measure and it won’t really resolve the uncertainties about the depths of the problems in various financial institutions.”

—Joseph Stiglitz, 2001 Nobel Prize Winner

Bill Gross on Lehman
Perspectives on falling financials, with William Gross, PIMCO chief investment officer/founder

Bill Gross on Lehman

“I suppose in terms of the stock market, investors are afraid. But I think in addition, there’s a technical situation that’s associated with Lehman, it’s primarily in the credit markets but it flows through the stock markets.”

—Bill Gross, Founder & CIO, Pimco

Maria's Market Message
CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.

Maria’s Market Message

“The latest developments out of AIG and a meeting at the Federal Reserve on interest rates—those are the two events Wall Street will be watching tomorrow. Meanwhile, stocks plungedas Lehman Brothers filed for bankruptcy protection and AIG, the world’s largest insurance firm teeters on the brink…”

—Maria Bartiromo, CNBC’s Closing Bell

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