Mark Constant
Mark Constant
profitable quite tough
Merrill Lynch is still quite profitable in a very tough year.
bottom clear coast europeans instead prefer tick time until wait
If the Europeans do buy, it won't be now. A lot of the time they prefer to wait until the coast is clear instead of bottom tick the market.
deal deals fit
If consummated, the deal would fit better than other deals that have been proposed.
clearly likely
Schwab is clearly the more likely to survive.
fat promises
I've always thought that Merrill had a lot of fat to trim. This is a fulfillment of those promises they made.