Webster jumps as Warburg buys stake

Webster jumps as Warburg buys stake

There are 2 comments on the Connecticut Post story from Jul 27, 2009, titled Webster jumps as Warburg buys stake. In it, Connecticut Post reports that:

Waterbury-based Webster Financial Corp. jumped as much as 21 percent in New York trading after Warburg Pincus LLC, the leveraged buyout firm, agreed to take a 15 percent stake and add David Coulter, the former BankAmerica Corp.

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Concerned Citizen

Trumbull, CT

#1 Jul 28, 2009
Looks like the Evil Empire is moving-in.
grandpa1

Woodstock, CT

#2 Jul 28, 2009
The Warburgs,....evil? Well,...OK, but don't forget some of the other families who are co-owners of the Federal Reserve Bank. Rockefellar, Morgan, Stanley, Schiff, Delano. They've been sitting back and having a grand old time. Geee,...seems like it's 1908 and we're back on Jeckyll Island again reviewing the "final solution" for the American dream. Lets not forget to give a a big hand for their house boy Ben Bernanke and his newest puppet Timothy Geitner. They sure know how stick with it, even when it's obvious to everyone that this is a "leveraged buy-out" of the entire economy. Well, at least all the cousins across the pond will be happy. Did I hear you say you'd like to try the Rothcild vintage?

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