2009 January

Archive for January, 2009

Finally Final

January 2nd, 2009

A new year, and old deals are finally final.

Bank of America Corp (BAC.N) completed its purchase of Merrill Lynch & Co and Wells Fargo & Co (WFC.N) finished buying Wachovia Corp, the latest sea changes in a transformed banking industry facing dire economic times ahead.

The Merrill takeover was completed on Thursday, ending more than 94 years of independence for the Wall Street investment bank and brokerage. The Wachovia merger closed on Wednesday, marking the denouement for a lender that started in 1879 with what it deemed a “very adequate” $100,000 of capital.

Wachovia made it through the Great Depression, but couldn’t handle the Mortgage Meltdown of 2008. Sad.

Sphere: Related Content

Posted in Economics | Comments Closed

I Can See The Future

January 1st, 2009

Here I am, minding my own business when I get a vision of the future. For the record, the time is currently 10:40pm on THURSDAY, January 1, 2009. Here is my vision.

Oil prices fell 3 percent on Friday, kicking off 2009 on a weak note as traders bet a late-day rally that drove up prices 14 percent on Wednesday was overdone.

U.S. light, sweet crude fell $1.27 to $43.33 a barrel by 6:34 p.m. ET, reversing a part of Wednesday’s $5.57 a barrel gains. Oil tumbled 54 percent in all last year.

Oil prices fell on FRIDAY. Prices fell to $43.33 a barrel by 6:34pm.

Crap. Vision over.

Sphere: Related Content

Posted in Odd | Comments Closed

A Personal Endorsement

The following endorsement is a personal one involving my mother's cousin, who is one of the most awesome people I know.

Are you interested in learning more about safe and effective Lap-Band® Surgery?

JoAnn Jackson, RN, BSN, of Dr. Kuri & Associates, can answer your questions. She had the surgery in January 2006, lost more than 100 lbs, and most importantly, has kept it off with minimal effort. Contact her by submitting a request, or call her at 1-888-223-4046. She can help you gain back control of your health and life.

All other material and brand or product names are copyright and/or registered trademarks of their respective holders.

E-Mail sent to any kooksinsuits.com address, or the feedback address listed at the top of the page, may be considered for publication unless the recipient is expressly notified otherwise.

This weblog is licensed under a Creative Commons License.