Wells Fargo to complete Wachovia deal...

Wells Fargo to complete Wachovia deal; Citi ends talks, plans t...

There are 2 comments on the The Morning Call story from Oct 10, 2008, titled Wells Fargo to complete Wachovia deal; Citi ends talks, plans t.... In it, The Morning Call reports that:

While Citigroup said it plans to seek $60 billion in damages for breach of contract, it has decided not to challenge the Wells Fargo-Wachovia deal in court.

Join the discussion below, or Read more at The Morning Call.

Marco

Allentown, PA

#1 Oct 10, 2008
So let me get this straight. Citi is acting like a jilted suitor who had hopes of marrying Wachovia, and is now disappointed she found someone better? Now citi wants to force a shotgun wedding on Wachovia because it doesn't get to profit from her dowry. And Citi invested a whole two days in the engagement. Poor baby!

Get over it! Wells Fargo offered a better deal. Citi could have offered the same, but would rather put some of the burden on the taxpayers. The Wells Fargo deal is better for everyone except Citibank.
Pure Greed

Bethlehem, PA

#2 Oct 10, 2008
Pure greed is what Citibank stands for.

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