3 ms·
Ah okay right. I just read up on Wachovia and it seems like that’s what the Govt tried doing with Citi. Then WF came in and paid much more. I’m not saying this
by skinnymuch 4y ago
Ah okay right. I just read up on Wachovia and it seems like that’s what the Govt tried doing with Citi. Then WF came in and paid much more. I’m not saying this to say you’re wrong, just what I read as someone who doesn’t know this stuff. And overall your point is correct the Govt was trying to do that and then it seems they then didn’t let Citi fight for Wachovia properly because they were happy WF was buying them.
Yeah the Merrill Lynch one I am more familiar with and how much it has cost BoA