Lehman Brothers collapse sends shockwave round world

Fears of a global financial meltdown grew yesterday as the world’s biggest bankruptcy plunged markets into turmoil.

Investors were left reeling as the abrupt demise of the Lehman Brothers investment bank sparked the biggest shake-up on Wall Street in decades.

Another of US capitalism’s biggest institutions, Merrill Lynch, is to be swallowed by Bank of America in a $50 billion takeover to save it from collapse.

Surrounded of great expectation, artistic gymnastics of Brazil Hot in Beijing 2008

Favourites, Diego Hypolito and Jade Barbosa fail by the end appliances. Jade is the tenth in the individual general and the women's team continues to unprecedented final
One of the greatest hopes of medals in Beijing, the Brazilian team of Artistic Gymnastics will return empty-handed. In this Sunday, Diego Hypolito and Daiane dos Santos, soil, and Jade Barbosa, the jump on the horse, closed without success to the participation of Brazil in the competition.

world in soil and pointed out as big favorite, Diego Hypolito was ranked for the final with the first note of the unit, he chose a conservative number for the decision, leaving aside the jump "Hypolito, considered very risky. The Brazilian made a good presentation, but fell in the last landing and squandered any chance to fight for a medal. Perplexo, he even welcomed the audience to get up. Then, wept and was sincere when talking about his sixth place.

-- I'm disappointed. I do not know what happened. I am in my best stage. Do not believe when I fell, simply not believed. I, more than anyone, wanted much that medal. I apologize to Brazilians who believed in me, but this time did not.