Will Wells Fargo acquire WaMu?
Similar deals expected after Countrywide sale: Merger speculation is now centered on lenders like Washington Mutual
Excerpt:
“Washington Mutual probably heads up the list (of targets) because they have similar problems to Countrywide,” said Egan, adding: “Bear Stearns is an obvious candidate for some sort of transaction.”
Bank analyst Richard Bove of Punk Ziegel & Co said possible buyers for Washington Mutual could be Wells Fargo and Co and JPMorgan Chase & Co Inc.
Comment: Interesting.
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