Thursday, January 10, 2008

BofA, Countrywide soon

Last post suggested that BofA would take over Countrywide. It seems to be in the works, and the follow on is whether the much more out on the edge suggestion that a JPM/WM combination will happen. Competively speaking, if the BAC/CFC news is right, the JPM/WM combination becomes a greater possibility. Financial services mergers tend to happen in short time frames, as one move creates others.

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