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Thursday, January 15, 2009

FT front page roundup

Bank of America is suffering buyers' remorse after buying failed investment bank Merrill Lynch, and then realizing it was a failure. BofA is now jonesing for some more government monies.

Just as people warned the first time, Citigroup is also probably going to need another bailout, as the US approaches Japanese zombie territory.

Apple CEO Steve Jobs is probably dying after all.

JP Morgan CEO Jamie Dimon said if you liked 2008 then you're going to love 2009.

Toronto-based Nortel Networks filed for bankruptcy, shifting the balance of power in Canada further to its hillbilly western provinces.

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