The last hours, minutes really, of one the world's largest investment banks make for a pretty unusual spectacle.

I'm standing outside Lehman Brothers (LEH, Fortune 500) headquarters on 7th Ave and 50th street in New York City watching Lehman Brothers die.

Employees, some in suits, others in casual clothes, are filing out with all they can carry as time runs out.

They are walking down the sidewalk past police barricades as scores of New Yorkers and tourists gawk, some asking, "Which star is coming out?" - not knowing what's going on.

A big cop issues the standard "keep moving" line to those of us who stop to gaze. He tells the crowd, "Go home. There is no one famous coming out. You are looking at a whole bunch of people who just lost their jobs."

Some of the people behind the barricades are loved ones - their faces distraught, their cars waiting to pick up their significant others and their boxes. One banker carries out a pair of green Lehman umbrellas, a paltry trophy.

Few parting employees are in a mood to talk - either they're still adhering to CEO Dick Fuld's tight-lipped, 'We're all in this together' policy or they're just exhausted and in major pain.

"No comment," is the standard line. A TV producer tries in vain to get interviews. I managed to ask one guy how he felt: "Look at all of us with boxes," he said with a grimace. "What do you think?"

As the night wears on, dozens of younger workers start coming out of the building. One yells, 'Jackals," not knowing that the crowd is made up mostly of relatives or clueless onlookers. A pair of employees walk out carrying orchids.

Six months earlier and five blocks away, a similar scene played out as Bear Stearns collapsed. Tonight I'm wondering how many more crash and burn nights like this Wall Street, the markets and our economy can take

The Machinists union has a $140 million strike fund and can sustain support for striking Boeing Co. production workers for five or six months, President Tom Buffenbarger said Tuesday.

Speaking from the convention of the International Association of Machinists and Aerospace Workers in Orlando, Fla., Buffenbarger said support for the strike has been unwavering among delegates, even from local Machinists unions of airlines and other hard-hit sectors.

"This issue has united the convention," Buffenbarger said. The gathering takes place every four years.

Similarly, Marc Blondin, chief negotiator in contract talks covering 27,000 riveters, electricians, mechanics, painters and other hourly workers, said the strikers are prepared and resolved to stay out "as long as it takes" -- a mantra on picket lines -- to get an offer they're willing to accept.

On Sept. 3 union members voted 80% to reject a three-year package estimated by Boeing (BA, Fortune 500) at $34,000 in average gains per worker --bonuses averaging $6,400, raises averaging 11%, pension increases and a 3% cost-of-living boost. They voted by 87% to strike.

The walkout began Saturday morning after a 48-hour contract extension in which a federal mediator tried without success to break the impasse.

Starting three weeks into the walkout, union members are entitled to $150 a week in strike pay. Average pay at Boeing is more than seven times that amount, although about 5,000 of the most recently hired employees get less than $32,000 a year.

"That fund gets replenished every month from union members who are not on strike," although less will be coming in than going out, Blondin said.

In the first impact on air travel, RyanAir announced that the strike had resulted in a six-week delay in opening a new hub from Edinburgh, Scotland, with service to 11 European destinations. The opening has been pushed back to Nov. 5, when aircraft from its existing fleet will be available, deputy chief executive Michael Cawley said

This story was written by CNNMoney.com writers Tami Luhby and David Ellis and Fortune.com writers Roddy Boyd and Colin Barr.

Beleaguered Wall Street firm Lehman Brothers will unveil "key strategic initiatives" for the firm, along with its expected third-quarter earnings, Wednesday morning before the market opens.

However, it may prove difficult for Lehman to convince investors that it will be able to raise the capital it needs to keep doing business after the 45% plunge in its stock price Tuesday.

The investment bank's shares hit their lowest level in more than 10 years Tuesday as investors grew ever more concerned about the company's future. Earlier in the day, Standard & Poor's placed Lehman (LEH, Fortune 500) on CreditWatch with negative implications.

"The CreditWatch listing stems from heightened uncertainty about Lehman's ability to raise additional capital, based on the precipitous decline in its share price in recent days," said Standard & Poor's credit analyst Scott Sprinzen. "Although the ratings ultimately could be affirmed, we do not currently rule out the possibility of lowering the ratings by more than one notch."

Shares fell early Tuesday morning following a report by Dow Jones that indicated talks between Lehman and Korea Development Bank had ended. It had been widely speculated in recent weeks that the state-run KDB was interested in buying a stake in Lehman.

Lehman closed Tuesday at $7.79, down from $14.15. The company's stock has plunged nearly 88% so far this year due to concerns about its ability to raise much needed capital.

Lehman is expected to post a second straight multibillion-dollar quarterly loss, and is reportedly considering several options to raise capital and reduce its exposure to further mortgage-related losses.

OPEC oil ministers have agreed to curb overproduction by more than 500,000 barrels, in a compromise meant to avoid new turmoil in crude markets while seeking to prevent prices from falling too far.

The move reflects OPEC efforts to cover all bases in an oil market that saw prices spike to a new record just short of US$150 a barrel in July, only to shed nearly 30 percent off those peaks in subsequent months.

An OPEC statement issued after oil ministers ended their meeting early Wednesday said the organization agreed to produce 28.8 million barrels a day.

OPEC President Chakib Khelil said that quota in effect meant that member countries had agreed to cut back 520,000 barrels a day in overproduction

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