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.)
No comments:
Post a Comment
Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.