Ralph Cole
Ralph Cole
prince role
Prince is going to be around a while, and has solidified his role with the board.
activity capital continued good high perfectly seem
They really seem perfectly positioned for continued high M&A activity and what we think are going to be pretty good capital markets.
biggest concern earnings higher improved share translated
My biggest concern is that while he has improved governance, that hasn't translated to improved earnings or growth, or a higher share price.
capitalize
I think Merrill should just capitalize on what they already have. As a Merrill shareholder, I wouldn't like this move.
bear best business fixed income known people rates run slow waiting
Bear Stearns has been well run but undervalued for some time. They are best known for their fixed income business, and people are waiting for that to slow down as rates rise.