The tiny bright spot in the day.
On Oct 9, 7:57 pm, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote:
> Congratulations !!!
>
> :)
>
> Good job, Charlotte !!!
>
> Citigroup Hands Victory to Wells Fargo on Wachovia
> (Update1)http://www.bloomberg.com/apps/news?pid=20601087&sid=a.eHnbhppDgE&refe...
>
> 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
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