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Bank of the people buys aristocratic merchant bank...

Bank of the people buys aristocratic merchant bank...

Old Sep 16th 2008, 9:02 am
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Default 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?
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Old Sep 16th 2008, 9:14 am
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Smile Re: Bank of the people buys aristocratic merchant bank...

Originally Posted by AlmostPregnant View Post
Anyone betting on AIG?
It'll be difficult for them, maybe they can sell a few juicy bits to raise some cash?

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