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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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Danny Matthews
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| 09/14/2008 7:58 PM |
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With Lehman probably a thing of the past BAC and Barclays have stepped away. BAC is focusing on Merrill Lynch. Along with the Countrywide purchase do you think BAC is positioning itself to become the next behemoth bank? BTW, I own BAC.
http://www.msnbc.msn.com/id/26672904 |
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Danny Matthews
Tuscola IL |
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stephen phillips
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| 09/16/2008 11:58 AM |
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At first glance it looks like they are copying the unsuccessful Citibank format. But, it should help them with wealth management & International. And, they are buying a franchise at less than half of what they wanted to pay a year or so ago. Also, now BAC, C & JPMorgan/Chase are all playing in the same ballpark.
I'm not a buyer, yet. But, maybe this time it will be different!
Attached is a PowerPoint from MER & BAC.
Steve |
 Attachment: MerrillAnnouncementFINAL.pdf
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