Wells Fargo ups Citigroup’s bid for Wachovia, setting up an epic financial battle. Because the WF deal is a straight bank acquisition, rather than a government-arranged shotgun marriage, I think it’s preferable.
News of the deal bumped the Dow upward.
(Disclosure: I bank at WF.)
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
October 03, 2008
Economy not so bad as Wells Fargo bids for Wachovia
Labels:
Wachovia,
Wells Fargo
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment