Goldman, Morgan Stanley face post-Lehman funding issues: analysts

Analysts expressed concern about the funding supporting the surviving independent Wall Street investment banks Monday, following the sale of Merrill Lynch & Co. and the bankruptcy filing of Lehman Brothers Holdings Inc.

Lehman's "apparent demise and the likely damage to its bondholders indicates significant spread-widening for independent broker-dealers and probably considerably narrower access to funds," Merrill Lynch banking analyst Guy Moszkowski said in a research note Monday.

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