Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Wow, no more Merrill! I know shareholders should be happy that a deal of $29/share was reached, but still... Honestly, Stan O'Neal should be drawn and quartered for taking Merrill Lynch down this path of self-destruction!
Although this is better for the markets short term, its a bit creepy that B of A is getting so big. I suppose this one the fed/government only has one hand to feed.
Soon they will truly deserve the moniker "Bank of America" ha ha
Quote:
Originally Posted by Humanoid
Although this is better for the markets short term, its a bit creepy that B of A is getting so big. I suppose this one the fed/government only has one hand to feed.
BOA was rated last year as the third largest company in the world. It has managed integration of many firms since it started its big growth (was NCNB regional bank less than twenty years ago).
Merrill employees and shareholders have fared much better than Lehmann's.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I know shareholders should be happy that a deal of $29/share was reached, but still... Honestly, Stan O'Neal should be drawn and quartered for taking Merrill Lynch down this path of self-destruction! 
