10.06.2008

Wachovia Calls Order Blocking Sale 'invalid'




Comment: This kind of makes me think of a maid with 2 suitors. Daddy (the FDIC) arranges the marriage to suitor # 1 (C) who offers a measly 1/3 carat diamond. Meanwhile suitor # 2(WFC) for which the maid pined away comes in the night (Thursday) and asks for the maid's hand proffering a 2 1/3 carat diamond (Wells' offer is 7X the Citi offer).

1 comment:

  1. As the daddy of girls, I sure hope I'm not going to judge their suitors based solely on the size of the diamonds. :^)

    (on their financial habits, yes.....)

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