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Old 10-09-2008, 09:06 PM
 
Location: Charlotte NC
1,078 posts, read 2,358,933 times
Reputation: 993

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http://www.nytimes.com/2008/10/10/bu...l?ref=business

good night.
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Old 10-10-2008, 06:59 AM
 
706 posts, read 1,241,106 times
Reputation: 438
At this point "winning" Wachovia is like kissing your sister !
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Old 10-10-2008, 07:51 AM
 
Location: Charlotte, NC
11,838 posts, read 27,149,738 times
Reputation: 2799
I wonder what happens when Wells Fargo winds up becoming insolvent?
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Old 10-10-2008, 11:52 AM
 
48,503 posts, read 92,343,207 times
Reputation: 18237
Seems it isn't a done deal afterall. Liike any time when the markets gop down and banks fail there will be huge winners and huge losersd when the dust settles.
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Old 10-10-2008, 12:20 PM
 
Location: Great State of Texas
86,052 posts, read 80,319,287 times
Reputation: 27688
Citi already said they could not do it without Fed backing. It was really a no brainer there.
Glad the stronger bank got it.
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