Wall Street Breakfast: Must-Know News [View article]
I have always been of the opinion that when you hear that a company is being investigated or has some type of accounting irregularities that you either sell what you have or shy away from buying in. I would hope that BAC will temper their offer based on a overabundance of "due diligence" when the final offer is finally made. Or, simply walk away.
Wall Street Breakfast: Must-Know News [View article]
Or, simply walk away.