Congratulations !!! :)
Good job, Charlotte !!! Citigroup Hands Victory to Wells Fargo on Wachovia (Update1) http://www.bloomberg.com/apps/news?pid=20601087&sid=a.eHnbhppDgE&refer=home Peace and best wishes. Xi Mercury.Sailor wrote: > 800 Billion dollars to save banks from bankrupt, Yet the FDIC forces > Wachovia to sell, This doesn't make sense. Which banks are getting all > of these BILLIONS???? > > This is a very big concern for the people in Charlotte, Including me > as our 401k is managed by Wachovia. My husband has a buisness account > with Wachovia but our personal account is with a credit union. > > > > The good news for Charlotte, NC is that WellsFargo outbidded Citi Bank > and bought out Wachovia, This will save A LOT of jobs in Charlotte. > > > > Well, Those greedy bastards at Citi! > > > > > > N.Y. court blocks Wachovia/Wells deal > > > A N.Y. judge has put a temporary hold on Wells Fargo & Co.�s proposed > $15.1 billion buyout of Wachovia Corp., Citigroup announced Saturday > night. > > Judge Charles Ramos of the N. Y. Supreme Court has ordered Wachovia > (NYSE:WB) to court on Friday. He will hold a hearing on whether the > Wells deal violates Wachovia's earlier agreement to sell its banking > operations to Citigroup for $2.16 billion. > > Until then, his order issued stops Wachovia and Wells from > consummating the deal. > > The Wachovia/Citigroup deal was brokered Sept. 29 with the help of > federal regulators. Citigroup (NYSE:C) says it includes an exclusivity > agreement that prevents Wachovia from negotiating an acquisition by > anyone else. > > On Oct. 2, Wachovia announced it negotiated a deal with San Francisco- > based Wells (NYSE:WFC). That calls for the sale of the entire bank > holding company to Wells for $15.1 billion. The Wachovia board > approved that deal last Friday. > > > http://www.bizjournals.com/charlotte/stories/2008/09/29/daily75.html --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
