1. QUOTE from:
    If you thought the story of the credit crunch was over, then think again
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    As Lehman collapsed, BoA bulked out its investment banking division with the rescue of Merrill Lynch. "JPMorgan Chase has both grown its balance sheet and issued very few shares and they’re one of the few that have picked up market share in pretty much every area they do business ... Bank of America took a similar path to JPMorgan but found the road a bit more bumpy." The bumps hit by BoA included a battle with shareholders, the US Securities and Exchange Commission and the New York attorney-general over the terms of the Merrill acquisition. Full Article at Times Online
    JPMorgan Chase has both grown its balance sheet and issued very few shares and they’re one of the few that have picked up market share in pretty much every area they do business ... Bank of America took a similar path to JPMorgan but found the road a bit more bumpy.
    – Jason Goldberg SOURCE: Times Online 2 months ago
All quotes from:
If you thought the story of the credit crunch was over, then think again
  1. It was like going to your green market and people weren’t selling vegetables any more
    SOURCE: Times Online 2 months ago
  2. Last year was all about the crisis coming to a head
    SOURCE: Times Online 2 months ago
  3. We believe one of the hold-ups for investors with respect to Morgan Stanley has been a lack of clarity around the strategic direction of the firm ... While Mr Gorman [has said] that the strategic direction of the firm has been set, we believe he will have further opportunities to elucidate the strategy.
    SOURCE: Times Online 2 months ago
  4. In the credit space, that business was gone completely. Banks that were borrowing money to trade on their own account — which had fuelled their growth for the five preceeding years – couldn’t do so.
    SOURCE: Times Online 2 months ago
  5. Margins on plain vanilla business, such as buying and selling stock, increased more slowly as people came out of the market ... So the big growth areas had dried up and more traditional areas of the market looked more attractive.
    SOURCE: Times Online 2 months ago

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  18. Chelsea players celebrate after team mate Paulo Ferreira scored a goal against Blackburn during their English League Cup soccer match at Ewood Park, Blackburn, England, Wednesday Dec. 2, 2009. 20 7864 9121 or EMAIL info@football-dataco.com FOR DETAILS.