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metsfan

Wells Fargo to buy entire wachovia.

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http://money.cnn.com/2008/10/03/news/companies/wells_fargo_wachovia/index.htm?postversion=2008100308

 

 

 

I am not looking forward to all the wachovia branches and ATM's turning into wells fargo branded ones. I'm a fan of east coast banks keeping east coast, and west coast banks staying west coast. This in the past has lead to better oversight and a more customer oriented formula.

 

Wachovia board approves merger.

 

- A

Edited by Pablo M 201

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Wells Fargo? Are you serious? This is a joke. And uh, they seemed to had forgot who uh tried to buy Wachovia out....

 

Good thing I have nothing to do with Wachocha, it was only a small matter of time before they fail after WaMu did. I'm not all that happy either about what happened to Chase, but hell, I'm gonna have to deal with it....

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Looks like citi might be going after legal action.

 

- A

Of course they are. Wachocha and Citi were still in talks when Wachovia decided to pull that move with Wells Fargo.

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