They are fucking the Financial them self Each and every Broker comes out and down grade other brokers I have not seen a bounce in financials a long time not even short covering I am holding MER 300 share at :$26 WTF
i think some one should point out to you 'traders' that ml is a broker, not a bank. besides, the story is just typical sensationalism. thats what journalists sell. having said that, its whispers that took bear sterns out, and almost lehman a few months back.
Yeah, Lehman too is an investment bank which is quite different from a Citi or BAC. Besides, Lehman isn't much larger than a couple banks that are already about to fail, like Wamu. The article didn't specify which kind of bank, but as you say it is just sensationalism. I think Wamu has about 6 months left and then my bet would be on Citi. In terms of the strongest, I would have to go with Wells Fargo or US Bank.
may be its the fed reserve? its owned by wall st banks, and on paper is already bust - or would be if a borrower rather than a lender to wall st - eh?!
JPM is the safest bank in the world Its the USA govt dirty tricks bank. JPM would have so much dirt on the govt, the fed wouldnt dare to role it !
I'll bet by buying even MORE puts on 1. Wachovia 2. Citigroup 3. Merrill (I hate Merrill! Used to be a Broker there for several years. Couldn't see a better Inv. Bank go down than MER! )