BofA looking at Lehman Bros?

I'm glad the gov't basically told them they were on their own this time.

 

Wonder what that'll do to my portfolio.

I always thought of Merrill Lynch as a stable pillar of the economic world and here they are wanting to be bought out by a relatively new comer, new money. Something tells me I'm/we're in deep shit, the economy is askew, and there isn't anyone or anything that can stabilize it. If something/someone can stabilize it, they won't, because those are the ones that will benefit by a tanking economy. Time to sound the alarm? Sell out and put my money in the bank? Ha.

 

Where's the panic button? tsk