Comments on: Bank of America, Wells Fargo and PNC End 2008 by Closing Major Buyout Deals

By: How Over-Regulating Goldman Sachs Will Lead to Higher Oil and Commodity Prices

How Over-Regulating Goldman Sachs Will Lead to Higher Oil and Commodity Prices — Fri, 21 Aug 2009 13:09:22 +0000

[...] secretary, was mentored by Goldman alumnus John Thain [the last chairman and CEO of Merrill Lynch before it merged with Bank of America Corp. (NYSE: BAC)]. Plus, Geithner just chose Mark Patterson, formerly a lobbyist for Goldman, as his [...]

By: As Resurgent U.S. Banks Shift Into Profit Mode, Hitch a Ride With These Two for Gangbuster Returns

Wed, 18 Mar 2009 16:10:30 +0000

[...] in 2008, and is now struggling with the dodgy housing assets of Countrywide Financial Corp. and the huge investment banking problems of Merrill Lynch & Co. Inc. (which is likely to make much less money in a deep recession than it could in a [...]

By: Fifth Third - A Medium-Sized "Zombie" Bank

Fifth Third - A Medium-Sized "Zombie" Bank — Fri, 20 Feb 2009 09:30:47 +0000

[...] Having said that, however, let me say that I have considerable sympathy for the bank and its management team. Citigroup Inc.’s (C) zombification came from unintelligent aggression over a period of 30 years, inventing many of the current financial crisis’ most-toxic products (such as auction rate preferred stock). And Bank of America Corp.’s (BAC) zombification came from – not one, but two – catastrophically foolish acquisitions within a year: Countrywide Financial Corp. and Merrill Lynch & Co. Inc. [...]

By: How Deregulation Eviscerated the Banking Sector Safety Net and Spawned the U.S. Financial Crisis

Tue, 03 Feb 2009 15:55:14 +0000

[...] Cos. to JP Morgan Chase & Co. (JPM), the bankruptcy of Lehman Brothers Holding (LEHMQ), the sale of Merrill Lynch to Bank of America Corp. (BAC), and the rushed acceptance of applications by Goldman and Morgan Stanley (MS) to convert to [...]

By: The U.S. Market for Deals Remains in a Deep Freeze

The U.S. Market for Deals Remains in a Deep Freeze — Thu, 22 Jan 2009 19:08:06 +0000

[...] Money Morning News Analysis: Bank of America, Wells Fargo and PNC End 2008 by Closing Major Buyout Deals. [...]

By: The Global Financial Crisis Will Cost Western Banks a Share of Future China Profits

Thu, 15 Jan 2009 09:03:17 +0000

[...] Money Morning News Analysis: Bank of America, Wells Fargo and PNC End 2008 by Closing Major Buyout Deals. [...]

By: Corporate Bankruptcies Will be a Key Investor Concern in the New Year

Corporate Bankruptcies Will be a Key Investor Concern in the New Year — Wed, 07 Jan 2009 14:30:46 +0000

[...] Wells and PNC each completed major buyout deals right as 2008 came to a [...]

By: U.S. Banks Refuse to Detail How They're Spending Federal Bailout Money

U.S. Banks Refuse to Detail How They're Spending Federal Bailout Money — Tue, 06 Jan 2009 17:23:48 +0000

[...] a Money Morning story detailed Friday, BofA just finalized its buyout of Merrill Lynch & Co. Inc. (MER), creating the largest U.S. bank – as well as the biggest challenge yet for longtime BofA [...]

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Tue, 06 Jan 2009 15:59:02 +0000

By: Offshore Services » Blog Archive » Bank of America, Wells Fargo End Year by Closing Major Buyout Deals

Fri, 02 Jan 2009 06:09:24 +0000

[...] See the original post here: Bank of America, Wells Fargo End Year by Closing Major Buyout Deals [...]