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MoneyAisle Blog: Bank of America and Merrill Lynch: A Season of Shotgun Marriages

By kcafferty 114 days ago from http://blog.moneyaisle.com

First it was Bear Stearns and JP Morgan, then Bristol Palin and Levi. Now it's Bank of America and Merrill Lynch. I hope these mergers are just a blip on the radar, not a growing trend.

There was a time when banks were separated from investment banks, until Phil Gramm changed it all by removing that barrier, which kept us safe for decades.

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Tags: bank of america merrill lynch banking regulation phil gramm


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