Originally Posted by
rickair7777
The premise of the article was that the fed will in fact allow (and possibly fund) mergers under dire economic circumstances, which would not fly otherwise. It gave some examples from '08.
I don't really see mergers between the big four, but I do agree that the trust-busters would might take a pass under the circumstance of catastrophic industry disruption.
During the banking crisis (2008), Treasury Secretary Timothy Geithner, urged Bank of America to purchase Merrill Lynch to avoid a global meltdown. Are we there? That's left to interpretation by those with a higher pay grade.