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- Deal was for $15 billion in stockBloomberg: Citigroup Says Court Orders Continued... (October 5, 2008)
- Wells Fargo would absorb Wachovia's losses without FDIC coverageBloomberg: Citigroup Says Court Orders Continued... (October 5, 2008)
- Court order by Judge Charles Ramos temporarily stops saleBloomberg: Citigroup Says Court Orders Continued... (October 5, 2008)
- Citigroup claims it has "exclusivity agreement' with Wachovia that supercededs Wells Fargo's dealBloomberg: Citigroup Says Court Orders Continued... (October 5, 2008)
- {{Item: 2008 Financial Crisis}}
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Wells Fargo made an offer to purchase Wachovia Bank for $15 billion on October 3, 2008.Bloomberg: Citigroup Says Court Orders Continued... (October 5, 2008) The purchase came as a surprise; earlier in the week, Wachovia had tentatively agreed to a $2.2 billion purchase by Citigroup. The sale of Wachovia to Wells Fargo was temporarily halted by a New York judge on October 4, 2008, pending legal proceedings. Citigroup alleges a breach of contract and is suing Wells Fargo for $60 billion in damages.NY Times: Citigroup Says Judge Suspends Wachovia Deal (October 4, 2008) On October 9, Citigroup ended all negotiations to purchase Wells FargoBusiness Week: Movers, Citigroup, Wachovia (October 10, 2008) Wells Fargo then closed the deal to purchase Wachovia for $11.7 billion dollars.Bloomberg: Wells Fargo Gains... (October 10, 2008)
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Wells Fargo Wachovia on Amazon
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60 Minutes - Bank of America (October 19, 2008) - $17.95
Airdate 10/19/09 Lesley Stahl interviews Bank of America CEO Ken Lewis, head of the biggest bank conglomerate in the country -- worth almost $3 trillion. Lewis tells Stahl about hi...Amazon
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Hard sell cross-sell? Wells Fargo Insurance Services Inc. is one to watch as it integrates Wachovia's insurance unit and bets on its ability to sell insurance ... TO WATCH): An article from: Risk & Insurance - $9.95
This digital document is an article from Risk & Insurance, published by Axon Group on February 1, 2009. The length of the article is 2229 words. The page length shown above is base...Amazon
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Wells Fargo shows industry how to conduct a merger.(Wachovia Bank N.A): An article from: San Diego Business Journal - $9.95
This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on January 26, 2009. The length of the article is 863 words. The page length shown above...Amazon
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60 Minutes - World of Trouble (February 15, 2009) - $17.95
Airdate 2/15/09Â Three years before the housing market crash, Paul Bishop says he warned his superiors at World Savings that many of the mortgages they were granting were misleadi...Amazon
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Wells Fargo, Wachovia merge; JPMorgan Chase acquires WaMu.(Briefing)(mergers between Wells Fargo & Co. and Wachovia Corp.)(mergers between JPMorgan Chase ... Inc.): An article from: Mortgage Banking - $9.95
This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on November 1, 2008. The length of the article is 660 words. The pag...Amazon
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Wells Fargo Wachovia Questions
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Does Wachovia have a new stock ticker symbol since the merger with Wells Fargo? The WB does not work anymore. 2 AnswersThe ticker has been pulled from the market as the company goes through the merger. The only thing that still works are their preferred stock tickers. However,... read more -
Does the NAACP have a case against Wells Fargo and HSBC for selling sub-prime loans to minorities? 2 AnswersIf it turns out that what they are claiming is true (blacks with identical credit scores and similar situations to whites getting worse loans than those white p... read more -
What is the source of Citigroup's $10 debt due in 2010? 1 AnswerThey have more than $10 bn due...if you post a question paying $5 I'll send you a list of all their debt due in 2010 globally. read more -
Why is Jerry Lundegaard, the character from the movie Fargo, in debt? 1 AnswerJerry Lundegaard purchased some brand new cars that he was trying to sell on the side, but a flim flam man named George Keagan took Jerry's money and ran. Jerry... read more
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On Twitter Powered by Twitter
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Wells Fargo chief Richard Kovacevich: Bank looking to capitalize on Wachovia's ... http://bit.ly/5LBY6j
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Wells Fargo chief Richard Kovacevich: Bank looking to capitalize on Wachovia's ... http://bit.ly/8zj3HN
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Wells Fargo chief Richard Kovacevich: Bank looking to capitalize on Wachovia's ...: The move saddled the San Franci... http://bit.ly/8QIlS1
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Wells Fargo chief Richard Kovacevich: Bank looking to capitalize on Wachovia's ... http://bit.ly/7Vhjva
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Wells Fargo chief Richard Kovacevich: Bank looking to capitalize on Wachovia's ...: The move saddled the San Franci... http://bit.ly/6nAeCq
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