Posted by gift1999 on 14th of Sep 2008 at 05:12 pm
Does this mean that SRS and SDS could go up to very high...if
there is potential for all the troubled LEH assets to flodd
the markets...and also that there is risk for the assets held
by other banks to be devalued
The rumor BAC buying MER should be good for SKF 'cause BAC
should go down, MER up, with BAC comprising of 6% of
SKF. More or less this is a damage control from the Lehman
fallout.
It's hard to swallow MER without knowing how much liability
it has. Isn't it cheaper and cleaner to go after LEH
assets?
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Bank of America is in advanced talks to buy Merrill Lynch for at least $38.25 billion in stock
Posted by pcampbell66 on 14th of Sep 2008 at 04:49 pm
pcampbell - Please provide your source
Posted by trader2 on 14th of Sep 2008 at 05:30 pm
pcampbell - Please provide your source for this. Thanks.
nytimes has is up now.
Posted by pcampbell66 on 14th of Sep 2008 at 06:30 pm
nytimes has is up now.
SRS SDS
Posted by gift1999 on 14th of Sep 2008 at 05:12 pm
Does this mean that SRS and SDS could go up to very high...if there is potential for all the troubled LEH assets to flodd the markets...and also that there is risk for the assets held by other banks to be devalued
I thought BAC withdrew from
Posted by maggi3322 on 14th of Sep 2008 at 05:08 pm
I thought BAC withdrew from the negotiations?
should have read post thoroughly,
Posted by maggi3322 on 14th of Sep 2008 at 05:40 pm
should have read post thoroughly, read it as bac in talks to buy leh. will pay more attention ;)
The rumor BAC buying MER
Posted by frank95 on 14th of Sep 2008 at 05:28 pm
The rumor BAC buying MER should be good for SKF 'cause BAC should go down, MER up, with BAC comprising of 6% of SKF. More or less this is a damage control from the Lehman fallout.
It's hard to swallow MER without knowing how much liability it has. Isn't it cheaper and cleaner to go after LEH assets?