Wachovia bought out

lumberjim · 09-29-2008, 10:24 AM

http://ap.google.com/article/ALeqM5j...MqW6QD93GE59G0

Quote:

With the acquisition of Wachovia, Citigroup has reclaimed its title as the biggest U.S. bank by total assets. Including Wachovia, the bank now has assets of $2.91 trillion, as of June 30. That could change, however, as Citigroup shrinks its balance sheet, a decision Chief Executive Vikram Pandit made in May to rid the bank's books of risky debt.
In terms of current market capitalization, Bank of America Corp. remains the largest U.S. bank, followed by JPMorgan Chase & Co. in second and Citigroup in third place.

classicman · 09-29-2008, 10:33 AM

Ya think they are makin a play for some more of that bailout money?

xoxoxoBruce · 09-29-2008, 10:36 AM

What ever they're up to, you can be sure it's not for your benefit.

09-29-2008, 10:33 AM	#2
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	Ya think they are makin a play for some more of that bailout money? __________________ "like strapping a pillow on a bull in a china shop" Bullitt

09-29-2008, 10:36 AM	#3
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	What ever they're up to, you can be sure it's not for your benefit. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

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