Merrill Lynch Said to Be in Merger Talks With Bank of America (BofA)
This situation is becoming more acute as we proceed. We have a general situation that has a flight of capital to safer alternatives and a contraction of credit in an inflationary environment. There...
View ArticleBank of America to buy Merrill Lynch for $29 a share
That was quick, it looks like they needed to move quickly. I don’t want to think about how the market will react if two investment banks went belly-up this week. $44 billion much less that what...
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