Merrill Lynch Turns Into a Black Hole for Bank of America

One deal too many. That could be the epitaph of many CEOs—Jerry Levin of Time Warner (TWX) and Ken Thompson of Wachovia (WFC) come to mind—who built their companies through ever-bigger mergers and then watched those crowning acquisitions become their downfall. Now the question is: Will Merrill Lynch come to represent Bank of America (BAC) CEO Ken Lewis' Waterloo as well?

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