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Wachovia Calls Order Blocking Sale 'invalid'

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Wachovia Corp., at the center of a fight between Wells Fargo and Citigroup Inc. over who will buy the beleaugered bank, said Sunday it is pressing ahead with its deal to sell its banking operations to Wells Fargo. (Oct. 5)

Channel: News & Politics
Uploaded: October 5, 2008 at 1:25 pm
Author: AssociatedPress

Length: 0:00:59
Rating: 4.88
Views: 629

Tags: wells fargo_wachovia wachovia blocking sale 'invalid'

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Video Comments:
nwa10000 (Thursday 16th of October 2008 04:10:11 PM)
Perhaps ShitiBank can find another bank to "rescue" since they do such a fine job running themselves...into the ground.
crazycrazyguggenheim (Thursday 9th of October 2008 04:16:42 PM)
Wachovis is SLIME and should go 86
ResearchX (Monday 6th of October 2008 10:42:19 AM)
I think Wachovia should make the deal with Wells Fargo. Since when does the government dictate as to can sell what to whom. This is America not Nazi Germany.
Plutonwolf (Wednesday 8th of October 2008 02:54:10 PM)
This is actually the Govt. acting, for once, in the best interests of the general public. Nothing can be more destructive to capitalism than a monopoly or a near monopoly with colusion between the players. Think OPEC
AnotherBrotherMark (Sunday 5th of October 2008 02:33:06 PM)
This is better than any fiction writer can come up with.


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