The Motley Fool Discussion Boards
Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: Bank of America Buys Merrill||Date: 9/14/2008 8:44 PM|
|Author: DoctorOptimist||Number: 251855 of 467451|
I'm telling you.... they are using this crisis as an excuse to pass deals on the cheap that ordinarily would take months of regulatory scrutiny.
the next news item will be that they are buying LEH debt at 0.20 on the dollar.
All done without direct federal taxpayer subsidy.
Now, AIG needs some help... will be interesting to see what kind of sunday night deal gets done for that.
The weekends are starting to be more interesting than the week in terms of financial news.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|