Raymond James/Stifel bidding on Morgan Keegan

Hey guys just saw this article.

http://www.memphisdailynews.com/news/2012/jan/10/…

Curious what people thought about how this might affect the investment banking landscape? I know neither are huge firms, but they are pretty reputable. I know Ray Jay has been acquiring banks for awhile now. Just thought it was interesting.

13 Comments
 
unknown4everthis is old

How could it be old, the date says it was written... tomorrow!? THIS ARTICLE IS FROM THE FUCKING FUTURE BRO!!!

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“Millionaires don't use astrology, billionaires do”
 
unknown4everlol no stifel has been in talks with them for a few months now
exactly. smart money's still on stifel too.
"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

Stifel also made a significant recent investment in Miller Buckfire that could lead to an acquisition down the road.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 
ledger123nothing. shitty bank buying another shitty bank. exit opps for analysts will still suck.
Except these guys aren't thinking about exit opps, because they're not working 100 hr weeks.
"There are three ways to make a living in this business: be first, be smarter, or cheat."
 
Sandhurst
ledger123nothing. shitty bank buying another shitty bank. exit opps for analysts will still suck.
Except these guys aren't thinking about exit opps, because they're not working 100 hr weeks.

bet theyre not working 40-60 hr work weeks. have fun working for shitty clients 70-80 hrs a week. believe me, after a few months of that, analysts will be thinking about "exit opps".

 

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