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re: Capital One looking to aquire BOA?

Posted on 11/10/11 at 1:10 pm to
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17194 posts
Posted on 11/10/11 at 1:10 pm to
quote:

The ING deal was announced like 6 months ago.


Exactly. I knew about it a couple of weeks before that
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/10/11 at 1:18 pm to
Yeah that stuff usually isn't kept secret very well at all. There were rumors about it for several months before that given COF's expansionary stance and ING's continued dismantlement, it seemed that they were just waiting for conditions to improve before announcing it in hopes of gaining the necessary regulatory approval (which didn't really work given that its still dragging along).
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