Merrill Lynch just sold to Bank of America

[Faygo Kid]

In one of the most dramatic days in Wall Street’s history, Merrill Lynch agreed to sell itself to Bank of America for roughly $50 billion to avert a deepening financial crisis while another prominent securities firm, Lehman Brothers, hurtled toward liquidation after it failed to find a buyer, people briefed on the deals said.

http://www.nytimes.com/2008/09/15/business/15lehman.html?hp

It's all happening so fast, that I can't post fast enough to keep up with it.

[leeroysphitz]

1. It's a good thing other people have been talking about it for hours...

[Faygo Kid]

2. Thank you.

Your concern is duly noted.

[leeroysphitz]

3. As is yours.

:)

[Faygo Kid]

4. Well, as someone born and raised in Detroit, it's pretty hard to cop an attitude.

Are you an East Sider or a West Sider?

Which Coney Island do you patronize?

How 'bout them Lions? (all right, forget that one. . .)

I am a Detroiter with every ounce of my being, even though I live in Maryland now. So very glad to hear from you, though. You and I have no chance of being disagreeable, even when we disagree.

[leeroysphitz]

5. Mt. Elliot and Warren.

There are no Coney Islands in this ZONE and thanks to decades of local democratic corruption and national republican incompetence and despite a competent democratic governor there is not and has not been any viable industry introduced here for years either.

This city is consuming itself alive and nobody seems to give a shit.

[Faygo Kid]

6. This East Sider gives a shit.

I'm moving back once I retire in a few years. My family grew up around that area (not far from the airport). I used to hang out at the bars around that area in 1970; burned my draft card in one there with peanut shells on the floor. Dammit, can't remember the name, but loved that place. Glad to say hello to a fellow East Sider.

[Captain Hilts]

7. BoA are total shits. nt