I STILL DON’T SEE IT CONFIRMED. S&P FUTURES STILL DOWN BIG. I WOULD SAY IT’S NOT CONFIRMED.
just saw it on CNBC
Ok - I see it’s confirmed. But equities still don’t likey the developements that have/been unfolding over this weekend. Why? WALL STREET IS DESPERATE AND ON VERGE OF COLLAPSE. This week should be fun in both equity and credit markets.
Wall Street on the verge of collapse? I don’t think so… we will have booms and busts for years to come
Where does BOA get the capital for a 44B deal?
its well capitalized and have a sizable deposit base that forms part of their capital base … cash rich