BofA just bought Merrill Lynch:
Bank of America to buy Merrill for $29 a share: report - Yahoo! News
-Russ H.
probably one of the most prudent moves.... and apparently selfless of BAC... but reality is that if BAC didn't step in, their purchasing power would have been severely damaged today.
it's gonna be ugly. I have some real low stink bids in there, so low that if they go off, I might be a little concerned about the health of the market!
think loooooooooong term, I keep telling myself.
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