Best Lede I’ve Read Today

From Reuters:

At least two analysts said Bank of America will likely lower its purchase price for Countrywide Financial , with Friedman, Billings Ramsey analyst saying the bank may bring down its deal price to the $0 to $2 level or completely walk away from the deal.

I like that: They’re lowering their offer to the $0 level. Didn’t that also happen in Godfather 2?

Posted by on May 5th, 2008 at 3:12 pm


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