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Read other letters about this article
Or, if you did read the article, you apparently only paid attention to the parts that were "scary".
Quote: Merrill, based in New York, also provides financing for McDonald's franchisees.
Janna Sampson, who helps manage 268,216 McDonald's shares at Oakbrook Investments in Lisle, Illinois, said Bank of America may slow lending until it determines how much it and Merrill are collectively loaning franchisees.
See, BoA bought Merrill...and Merrill also made these same financing loans to MacD's...and they sort of need to figure out between the two of them just how much they have tied up in the financing of cheap lattes.
Ya know, if I were in the financing biz, I don't know that I would be looking to finance lattes right now. When people cut back, two and three dollar coffees are going to be one of the first things to go.
Calm down. The sky is not falling. Yes, bad things might happen but right now you're not too far away from "By the time we see a mushroom cloud, it will be too late to invade Iraq!" territory.
NO BAIL OUT FOR WALL STREET!
