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November 26, 2006

Tom Brown Says No to Bank of America US Trust Deal

posted by MR WAVETHEORY at 11/26/2006 03:35:00 PM
Tom Brown from bankstocks.com has a very amusing take on the logic or lack thereof of the Bank of America Corporation (NYSE BAC) / US Trust Deal. Bank of America is buying US Trust from The Charles Schwab Corporation (NYSE SCHW) which Schwab itself bought in 2000. Tom calls it an albatross.

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