British Expats - Bank of the people buys aristocratic merchant bank...

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AlmostPregnant

Sep 16th 2008 9:02 am

Bank of the people buys aristocratic merchant bank...

And BofA bought M-L, even the most raging bull got bought for cheap (50 B USD!!!) and by the bank founded by an immigrants' son who lent money, after S.Francisco great earthquake, checking people's hand for collateral. Got callus? Get money! Anyone betting on AIG?

Charismatic

Sep 16th 2008 9:14 am

Re: Bank of the people buys aristocratic merchant bank...

Quote:

Originally Posted by AlmostPregnant (Post 6788064)

Anyone betting on AIG?

It'll be difficult for them, maybe they can sell a few juicy bits to raise some cash? :D

Barclays will probably get to tear away bits of the deceased for a fraction of what it would have cost them before, nice move :thumbsup:.

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