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Old 08-10-2011, 04:47 PM   #1
Dietrich
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Default Biggest US Bank Swooning

http://www.delawareonline.com/articl...elieve-jitters

Moynihan stressed the long term and urged employees to bear up under the pressure. "We cannot control the seas around us," he said.
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Old 08-11-2011, 01:37 AM   #2
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It's not "swooning". "Circling the drain" would be a more accurate description.
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Old 08-11-2011, 10:40 AM   #3
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Is it not a crime to chat about the "expected" bankruptcy of a bank ?
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Old 08-11-2011, 11:09 AM   #4
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I know the bankers sure would like a law like that... but I don't think it's against any law in the USA... freedom of speech and all that...

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Old 08-11-2011, 11:11 AM   #5
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Quote:
Originally Posted by Oric View Post
Is it not a crime to chat about the "expected" bankruptcy of a bank ?
Only if you are a bank executive "chatting" about matters that are not public knowledge. To those who will be taking advantage of such insider knowledge for their profit and public loss.

It may be different in your country.
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Old 08-11-2011, 12:09 PM   #6
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http://www.foxbusiness.com/markets/2...banks-brokers/
Brokers at Bank of America's (BAC: 7.10, +0.33, +4.85%) Merrill Lynch unit are being targeted by rival firms where recruiters are using the bank's recent troubles in their pitches to get brokers to jump ship, several brokers told the FOX Business Network.
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