cpmod

BofA's Merrill Purchase: Good for America, Bad for Them

Well said. It has been an expensive ride down the road for shareholders. The pain is terrible. I share your view of the dircumstances that have brought us to this point with the exception of one very important issue. Ken
Lewis should have made the decision not to abort the Merrill Lynch purchase with full disclosure to his shareholders in December of 2008. Shareholder have not only been insulted in the process but have been expensively damaged. Great for Ken Lewis to be patriotic but he is paid to be responsible to the owners of the company who employ him.

BofA: No More 'Typical' Wall Street Pay at Merrill

Not only do you think like a broker you look like one. Are you on drugs?

Why Merrill's CDO Sale Doesn't Mean Big Writeoffs Elsewhere

I like this guy. He knows the business of banking. After forty years in the financial world I enjoy hearing from someone who actually can articulate a position and support it with sound financial logic. Well said Tom, I'm a new fan.