After Bank of America announced their intent to purchase Merrill Lynch earlier this month, I am not convinced that this deal will actually go through. On the surface it sounds like a great deal for both firms, but BofA is still digesting its purchase of Countrywide Financial. There are many skeletons in that closet. Adding [...]
What a week we just had on Wall Street. I believe I speak for a lot of people when I say, in my lifetime, I never thought I would see some of the chaos that ensued last week on Wall Street. One event that brought a lot of attention to itself; the hastily assembled deal [...]
