Comments on: Bank of America Buys Merrill Lynch http://moneyning.com/bank/bank-of-america-buys-merrill-lynch/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Sun, 21 Mar 2010 17:05:29 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: No Debt Plan http://moneyning.com/bank/bank-of-america-buys-merrill-lynch/comment-page-1/#comment-9484 No Debt Plan Mon, 15 Sep 2008 13:20:05 +0000 http://moneyning.com/?p=1322#comment-9484 Lehman is filing for bankruptcy, so they are gone. The Merrill sale is surprising because they did a lot in the past 6 months to really clean up their books -- selling toxic assets, etc. At the same time, that may justify the premium in the price as well. Merrill seems to be on more solid ground and is a huge business that complements BoA's business really well. Flip side of that is now it's almost like BoA is "to big to fail" now. Lehman is filing for bankruptcy, so they are gone.

The Merrill sale is surprising because they did a lot in the past 6 months to really clean up their books — selling toxic assets, etc.

At the same time, that may justify the premium in the price as well. Merrill seems to be on more solid ground and is a huge business that complements BoA’s business really well.

Flip side of that is now it’s almost like BoA is “to big to fail” now.

]]> By: AG http://moneyning.com/bank/bank-of-america-buys-merrill-lynch/comment-page-1/#comment-9458 AG Mon, 15 Sep 2008 06:26:07 +0000 http://moneyning.com/?p=1322#comment-9458 Actually, Lehman just died. As well. Actually, Lehman just died. As well.

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