Bank of America in talks to buy Merrill and Lynch

[halogamer1989]

It is now a done deal. BoA bought them for $50 billion. +1 giant corp as a result of the subprime mess. Lesson to banks: don't lend to people who can't pay back or speculators.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aNoc_.dGgCYY&refer=home