Comments on: Merrill to Take $15 Billion Writedown http://www.nakedcapitalism.com/2008/01/merrill-to-take-15-billion-writedown.html Sun, 22 Nov 2009 06:06:33 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/01/merrill-to-take-15-billion-writedown.html#comment-2974 Anonymous Sat, 12 Jan 2008 17:59:00 +0000 http://www.nakedcapitalism.com/2008/01/merrill-to-take-15-billion-writedown/#comment-2974 See www.randombanker.blogspot.com to find out what's really happening on the inside at Merrill See http://www.randombanker.blogspot.com to find out what’s really happening on the inside at Merrill

]]> By: Lune http://www.nakedcapitalism.com/2008/01/merrill-to-take-15-billion-writedown.html#comment-2961 Lune Fri, 11 Jan 2008 23:18:00 +0000 http://www.nakedcapitalism.com/2008/01/merrill-to-take-15-billion-writedown/#comment-2961 I guess Wall St. is being nationalized. Except all the IBs will be doing the bidding of China, Singapore, and Abu Dabi et. al.<br/><br/>It's foolish to imagine that countries are plunking billions into floundering banks without wanting any influence in how they're run. Perhaps right now, in order not to arouse the suspicion of Congress, they're holding off, but I imagine that eventually, these banks will realize no one gives you $5-10bil for free.<br/><br/>(Before I'm accused of being a nativist, I'm not necessarily against these investments. I'm just saying it's naive to assume they won't have any influence as a result) I guess Wall St. is being nationalized. Except all the IBs will be doing the bidding of China, Singapore, and Abu Dabi et. al.

It’s foolish to imagine that countries are plunking billions into floundering banks without wanting any influence in how they’re run. Perhaps right now, in order not to arouse the suspicion of Congress, they’re holding off, but I imagine that eventually, these banks will realize no one gives you $5-10bil for free.

(Before I’m accused of being a nativist, I’m not necessarily against these investments. I’m just saying it’s naive to assume they won’t have any influence as a result)

]]> By: Steve http://www.nakedcapitalism.com/2008/01/merrill-to-take-15-billion-writedown.html#comment-2953 Steve Fri, 11 Jan 2008 10:12:00 +0000 http://www.nakedcapitalism.com/2008/01/merrill-to-take-15-billion-writedown/#comment-2953 $15B is $50 for every citizen of the U.S. $15B is $50 for every citizen of the U.S.

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