The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: Kudos To Paulson Date:  9/14/2008  9:46 PM
Author:  DoctorOptimist Number:  251866 of 534982


Learning more of these details, it seems that Lehman was a sacrifical lamb... too many problems to solve in one weekend. Merrill board didn't want that fate, and somehow got a 70% premium bid by BOA.

This leaves Goldman and Morgan Stanley as independent investment banks... five majors now down to two.

This is a major consolidation, will reduce the future shenanigans and reduce the future systemic risk. This is all a net positive.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us