Stumpf: large acquisitions unlikely

Stumpf: large acquisitions unlikely

Quote:

"It would take an absolutely compelling deal that would be low risk and (provide) huge returns to the shareholder," he said. "It's not inconceivable but I'd say it's highly unlikely."

The full article is on "sub-prime" mortgages. Here's what John Stumpf had to say:

"They take those risks and they sell that off to investors so we never get into the chain of ownership," he said. "It's that simple"