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3CTraderIsBack

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3CTraderIsBack

Re: None

Monday, 09/15/2008 5:32:45 PM

Monday, September 15, 2008 5:32:45 PM

Post# of 10366
The perfect Sting?...

Here is what I think may have happened. Just my opinion. BOA in talks all weekend to buyout LEH. Then at the last second they go for MER??!!

Hmmmm. Do yah think they dragged their feet all weekend in these talks to force LEH into BK, since no other deal could be made at the last second. All the while they were in bed with MER with no intention of ever buying LEH. Thus they pay the premium for MER and LEH is no more. I am suprised no one has brought this up as a possibility.

Isn't MER right across the street from BOA?

http://finance.yahoo.com/tech-ticker/article/58320/Roubini%3A-BofAs-Lewis-Totally-Overpaid-in-Reckless-Deal-for-Merrill

STING?




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