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IIM jobs hit after Lehman, Merill crack

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With America's fourth largest investment bank Lehman Brothers filing for bankruptcy protection and Merrill Lynch being bought over by the Bank of America, placements at the Indian Institutes of Management will be affected.

These financial giants have so far been the biggest recruiters from the IIMs especially from the institutes at Ahmedabad, Bangalore and Calcutta.These have been among the day zero firms on IIM campuses and have made plum job offers. Read
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