Another case study from Japan - where jobless Wall Streeters would go

The demise of Lehman Brothers and Merrill Lynch reminded me of my home country Japan 10 years ago. Amid the post-real-estate-bubble mess, in 1997, Yamaichi Secirities, then one of the "Big Four" brokers in Japan, closed its doors.

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O2, Britain's biggest mobile company, has ditched its flagship mobile internet service only two years after launching it after struggling to pick up enough customers.

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