Battle over Wachovia... FDIC/Citigroup vs. Wells Fargo

[Aggie Hoopsfan]

http://biz.yahoo.com/ap/081005/wells_fargo_wachovia.html?.v=15

So... Wells Fargo wants to buy Wachovia without any taxpayer help. Citigroup is getting federal backing for a loan so it can buy Wachovia.

One's a free market solution, the other involves taxpayer money. This is bullshit :td

[Nbadan]

They want a bigger piece of the eventual bailout pie - plus, there is already talk that this bailout is just the beginning...we could need another round as early as January 09..

[LaMarcus Bryant]

Drudge says that citigroup won the hearing...