Bank of America (BAC) … Literally
January 16, 2009 at 09:08 AM EST
Some clumsy and random thoughts on Bank of America… Its been floated around that the government cut some sort of deal with BofA to buy Merrill Lynch. That makes zero sense. Why would the Treasury pledge money to bail out Merrill on the same day they were refusing to help Lehman? What makes more sense is that [...]