The
Boston Globe is all over the announced merger between Fleet and BankBoston.
Steven Syre and Charles Stein wonder how the banks' two cultures will mesh. They point out that the two "corporate cultures that are miles apart and may prove hard to blend." Stein also reports in with a
second article on what the banks are doing to get the deal past the regulators.
Ronald Rosenberg and Chris Reidy recount BankBoston's 200 year plus corporate history.
Not to be outdone, the
Boston Herald weighs in with no less than five articles on the merger on its
business page.
John Crudele of the
New York Post predicts that the Dow will break the 10,000 level no later than Wednesday. Why. He explains that the Dow has a history of strong moves on triple witching weeks. Guess what this week is.
Thanks to strong investment performance, Magellan still surpasses Vanguard's Index 500, the
WSJ reports. The report makes the battle for assets between these two funds into a proxy for whether active or passive management is more in vogue.
The
Journal fund column also reports that Schwab is now letting account holders ask for and receive information such as fund pricing, quotes, and account information via email. 
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