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Home > General > The Cantina > [Economic Doom 'n Gloom] Investment banking collapse

[Economic Doom 'n Gloom] Investment banking collapse

 
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gleek
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[Economic Doom 'n Gloom] Investment banking collapse
« on: September 14, 2008, 06:08:55 PM »
Bear Sterns
Lehman Brothers
Merrill Lynch
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Aske
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Re: [Economic Doom 'n Gloom] Investment banking collapse
« Reply #1 on: September 14, 2008, 06:13:58 PM »
not banking per se, but AIG is set to fail as well I have read
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Re: [Economic Doom 'n Gloom] Investment banking collapse
« Reply #2 on: September 14, 2008, 06:27:57 PM »
Quote from: gleek on September 14, 2008, 06:08:55 PM
Bear Sterns
Lehman Brothers
Merrill Lynch





Quote
NEW YORK - The boards of Bank of America and Merrill Lynch have appproved a roughly $44 billion purchase of the brokerage by the bank, the Wall Street Journal reported on its Web site.

http://www.msnbc.msn.com/id/26708958/
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gleek
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Re: [Economic Doom 'n Gloom] Investment banking collapse
« Reply #3 on: September 15, 2008, 08:46:06 AM »
The offer price for MER is $29. This morning it's been trading around $21.50. Most people are betting the deal gets killed.
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gleek
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Re: [Economic Doom 'n Gloom] Investment banking collapse
« Reply #4 on: September 15, 2008, 03:38:15 PM »
MER closed at 17.06 (+.01). Up a *goshdarn* penny. Who's still whining?
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