As the WSJ is reporting HERE…this is an aweome deal for BAC–they get massive customers and prestige galore at a discount price…like finding an amazing deal at Century 21. And, of course, a smack in Merrill’s arrogant face, they needed rescuing, like the lil bitches they are.
See all the deal updates HERE. Dealbreaker, by way of hard work Carney, also has more great updates HERE.
As for Merrill, this is necessary to avoid becoming the next Bear/Lehman.
As for this joke an industry, just the latest surprise development that proves these guys should not be looked up to, they should be laughed at, looked after and spit on. (Damn, it feels dumb to be a banker)
Tags: Breaking News, idiots


















