tag:blogger.com,1999:blog-4863014635257598503.post934973456952961015..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: Ken Lewis: fan of investment bank?Tyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4863014635257598503.post-53167177752749448072009-03-28T08:41:00.000-04:002009-03-28T08:41:00.000-04:00The Merrill retail model is finished. The vast m...The Merrill retail model is finished. The vast majority of the "FA's" are flacks pushing high fee, poorly performing "products".Thomasnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-38986446802311243182009-03-27T17:02:00.000-04:002009-03-27T17:02:00.000-04:00I think Lewis was after the retail brokerage opera...I think Lewis was after the retail brokerage operations, and swallowed the IB as a bitter pill. If he could dispose of the combined investment banking operations easily, he would. The Merrill Lynch brand's value to Lewis / BAC is in its retail brokerage.Jason M. Hernandezhttps://www.blogger.com/profile/07287878132690057619noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-48370734880091829982009-03-27T16:28:00.000-04:002009-03-27T16:28:00.000-04:00You're not going to make me say it again are you?I...You're not going to make me say it again are you?<BR/><BR/>It's just that there are certain very large banks that never, ever, ever show up on ZH.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-57509644774036833192009-03-27T16:14:00.000-04:002009-03-27T16:14:00.000-04:00I guess Ken watched the MER shareholders sit back ...I guess Ken watched the MER shareholders sit back while getting run over so he figures the BAC shareholders can't be all that different.Anonymousnoreply@blogger.com