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followinsnsr

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followinsnsr

Re: 3CTraderIsBack post# 427

Monday, 09/15/2008 6:20:07 PM

Monday, September 15, 2008 6:20:07 PM

Post# of 10366
The real sting could come when BAC buys the good assets from Lehman at bankrupt prices and dumps Merrill.

Why should BAC pay so much for Merrill when all they have to do is keep them alive long enough to the purchase good assets of LEH cheap enough. They drop the MER offer and watch their customers switch to BAC/LEH when MER goes bankrupt.

Now thats a STING.

"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."

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