Executives and regulators met over the weekend to do more cleaning up in the banking crisis. As a result, we know more about what might happen going forward. Government is talking tough about avoiding bailouts, and we're seeing signs that a few more institutions may go insolvent.
At the end of the weekend Bank of America bought Merrill Lynch, making the 800 pound gorilla even bigger. Mother Merrill will come to an end at 30% off of it's value one year ago (see story).
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