Morning Tidbits 10/11/2008

Posted: October 11, 2008 at 3:25 am

According to The Wall Street Journal, GM (GM) and Chrylser had merger talks. How do that work if both are already broke?

MarktetWatch reports that Paulson will begin to buy equity in banks. Bank of America (BAC) has a market cap of $100 billion. The Treasury could, in theory, end up with a one-third ownership.

Douglas A. McIntyre

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