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Wachovia Calls Order Blocking Sale 'invalid'

Uploaded by: AssociatedPress
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Wachovia Corp., at the center of a fight between Wells Fargo &Co. 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)

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The best bid gets ... ( 1 month ago by 1BuckeyeNation)

The best bid gets the deal period. The government created this whole mess and Wall St played along and now they want to reap all the benefits at our expense. Wells Fargo should be able to buy Wachovia if they offer a better deal to shareholders and taxpayers. If this is blocked by the government those people responsible should be hung from the pillars on Wall St and Washington.

CITIGROUPS are ... ( 1 month ago by waddleduckie1)

CITIGROUPS are greedy. They overtook Citicorp, which took over Cal Fed, which took over Glendale Federal, which I made a switch to after got fed up with Bank of America when they gobbled up Security Pacific in a hostile takeover. I heard that when Wachovia took over World Savings many years ago. Citigroup do not have the right to take over Wachovia after what they did to CalFed.

Array ( 1 month ago by AnotherBrotherMark)

Amen.
That's the truth.

At least the greasy ... ( 1 month ago by nwa10000)

At least the greasy little Bandit from ShitiGroup didn't steal it at theexpense of the taxpayer and WB shareholder...then the service would be as bad as ShitiBank's! Why
did ShitiGroup put a hedgefund manager in charge of a bank after contributing to this crisis?