A lot of banks seem to be merging together right now. Bank of America bought up Merrill lynch. Now Morgan Stanley seem to be merging with Wachovia. An interesting theory regarding this is that the banks know they are going to fail and they are trying to get as big as possible so the government will feel compelled to bail them out. It's worth thinking about.

Morgan Stanley and Wachovia merge:
http://www.bloomberg.com/apps/news?p...8no&refer=home