It seems they couldn't wait until Jan. 20 to release these numbers after the stock just about collapsed in the last few weeks.
The switch from Jan. 20 may provide investors with details on what kind of help the U.S. may give to the Charlotte, North Carolina-based bank and New York-based Merrill Lynch & Co., the brokerage it acquired earlier this month. The U.S. will offer the bank at least $15 billion in fresh capital, according to The Wall Street Journal and trade publication American Banker.
I almost pulled the trigger on buying this stock because an extra $15 billion in extra government money is peanuts compared to all the money doled out to AIG and other failing banks. I think a lot of the fear is what evil lurked in the portfolio of Merrill. Once they clear this up then the "fear deficit" will be taken off of the stock.
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