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Smart_Money

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Smart_Money

Re: brightness post# 662038

Tuesday, 10/19/2010 8:51:21 PM

Tuesday, October 19, 2010 8:51:21 PM

Post# of 704019
Well it could be considered "forced" to buying Countrywide since they invested 2 Billion only to find it need another 4 billion to survive.

I believe BofA approached Merrill a few months before the crises but Merrill turned them flat down. Shortly found Lehman was going down the tubes so Merrill hastily did a deal with BofA knowing his head was on the chopping block.

Anyway you slice it BofA is a zombie who destiny will be decided by govt.

http://images.whatport80.com/images/thumb/4/43/Giraffepopcorn.gif/120px-Giraffepopcorn.gif

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