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Citi Buys Wachovia Banking Operations

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MikesWife
Wanting...........

Member since 1/06

6887 total posts

Name:
Karen

Citi Buys Wachovia Banking Operations

Another one down. I think we're going to end up with 4 large banks...Chase, HSBC, BOA and Citi.

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http://www.thestreet.com/story/10439747/1/_msnh/citi-buys-wachovia-banking-operations.html?&cm_ven=MSNH&cm_cat=FREE&cm_ite=NA

Posted 9/29/08 8:42 AM
 
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nylisa
My Children

Member since 5/05

7905 total posts

Name:
MaMa

Re: Citi Buys Wachovia Banking Operations

I heard this too. My dad works for Wachovia, the financial institution so he does not know how this is going to effect him.

Posted 9/29/08 9:16 AM
 

Kidsaplenty
Sister love

Member since 2/06

5971 total posts

Name:
Stephanie

Re: Citi Buys Wachovia Banking Operations

My brother works for Wachovia. I wonder how this will effect him

Posted 9/29/08 9:25 AM
 

MikesWife
Wanting...........

Member since 1/06

6887 total posts

Name:
Karen

Re: Citi Buys Wachovia Banking Operations

I work for WaMu so I'm in the same boat. Many prayers for all of us in lending and/or investment banking!!! Chat Icon Chat Icon Chat Icon

Posted 9/29/08 9:37 AM
 

lakrav
LIF Infant

Member since 8/07

89 total posts

Name:

Re: Citi Buys Wachovia Banking Operations

Wow...I have been saying four big banks for awhile...it will take some time, but it looks like we are heading that way.

A bank in Europe just folded as well.

Posted 9/29/08 9:41 AM
 

PreshusSmurf
So in love with my little guys

Member since 1/07

2963 total posts

Name:
Jess

Re: Citi Buys Wachovia Banking Operations

Pretty soon its just going to be "us" and "them"

"us" = consumers/bankers

"them" = 1 bank

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Posted 9/29/08 10:59 AM
 

nylisa
My Children

Member since 5/05

7905 total posts

Name:
MaMa

Re: Citi Buys Wachovia Banking Operations

My dad just found out that Wachovia is not selling the brokerage firm so he is ok in his job.

Posted 9/29/08 12:24 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Wachovia lakrav 9/29/08 5 Families Helping Families ™
 
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