Bank of America to buy MBNA for $35 billion - Banks - Financial - Financial Services - M&A

Bank of America to buy MBNA for $35 billion - Banks - Financial - Financial Services - M&A

Oops! I just missed this one. A few days ago I told a reader that my favorite credit card company is MBNA. Capital One may have the best commercials but MBNA has the best policies. The MBNA affiliation program has caused my family to have more than one MBNA card.

MBNA has been a "fair dealer". Our experience with Citi-Bank has been the opposite. Citi-Bank will find the way to sneak an extra charge onto your statement if you are not watchful.

NationsBank appears to be on another roll. The old North Carolina National Bank grew-up under the leadership of Hugh McCall. I am not familiar with the current management but the bank is making moves to expand world wide.

BUYOUT-BUYOUT-BUYOUT!

The real point is that if you buy good stocks in this market you stand a good chance of hitting a take over stock. This includes international companies as well as US companies. European mergers have been substantial.

THE BULL IS GRAZING BUT IT COULD CHARGE ANY DAY. BUY THE BULL.