Hot Links for Weekend Reading: The country is made up of two types of people right now, those who care about the Bank of America/ Merrill Lynch saga and those who truly don’t mind being robbed and pillaged in broad daylight. When the news came out that Merrill Lynch CEO John Thain requested a $10…
Bank of America
Zombie Bank Showdown in the Met Life Building
Cue rolling tumbleweeds… Is the lobby of the Met Life Building (200 Park Avenue) big enough for two bank branches facing each other across a 20 foot hall? Are New Yorkers so lazy that they literally need an ATM on both sides of the hall? Coming up from Grand Central every morning via the escalator…
Hot Links
Hot Links Weekend Reading: The always erudite Equity Private wrote two great posts this week on Dealbreaker. The first was a satirical how-to guide to escaping capture after a “Massive Financial Fraud“. The advice includes “Don’t Watch CSI” and “Have a Plausible Explanation for Why Your Body isn’t Found”. He also wrote a timely and…
Slightly Used Ticker Symbols For Sale: MER and WB
On a quiet post-New Year’s Friday, two of the most widely followed stocks disappeared from Quotrons and trading screens around the world: MER and WB.
As Merrill Lynch and Wachovia begin their new lives as foster children of Bank of America and Wells Fargo respectively, the question remains, what will happen to their orphaned call letters? Do they end up on the Island of Misfit Ticker Symbols?
