Thursday, January 15, 2009

BofA Buying Up Banks on TARP Funds

Bank of America May Get U.S. Aid for Merrill Lynch
http://www.bloomberg.com/apps/news?pid=20601087&sid=aei_22INcQaI&refer=home

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Gee, I guess they are getting to be too big to fail. Of course, they are acquiring so many assets themselves that there is no liquidity for lending.

Will we never learn?