FYI

For immediate release

The Federal Reserve Board on Wednesday announced its approval of the notice of Bank of America Corporation, Charlotte, North Carolina, to acquire Merrill Lynch & Company, Inc., New York, New York, and thereby indirectly acquire Merrill Lynch Bank & Trust Co., FSB, New York, New York; Merrill Lynch Bank USA, Salt Lake City, Utah; and Merrill Lynch Yatirim Bank A.S., Istanbul, Turkey.

http://www.federalreserve.gov/newsevents/press/orders/20081126a.htm

beside this being just a sign how long bureaucracy takes to catch up, it created a lot of work for me because now 2 major players joined as one and I had to rediversify portfolios and bank handling, I really do not enjoy working with BoA, so the decision was pretty easy.

well..
like an old saying..."Time will tell"