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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..
http://biz.yahoo.com/ap/081005/wells...via.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 bull
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..
Drudge says that citigroup won the hearing...
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