A forum for discussing financial economics, structured finance and investment management
Friday, September 26, 2008
Wachovia is Next
Their stock plummetted 30% to $9.26 today. Now Marketwatch is reporting that they are in early merger talks with Citigroup. Put a fork in them; they're done too.
I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
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