Stupid Lawsuit of the Day

Merrill Lynch shareholders suing, because they think that they did not get enough from Bank of America to buy them.

If BoA shareholders sued, they would have a case, because Merril shows every sign of being like Countrywide, where every few days/weeks, more unpleaseantness will be found as rocks are turned over.

BoA bought itself another money pit.

I approve of the right to litigate, but this is a stupid lawsuit.