looks like i'll be right come Monday......
"Wachovia Suitors May Delay Bidding After Dimon's Deal for WaMu "
http://www.bloomberg.com/apps/news?pid=20601087&sid=as9sF0RrMSTg&refer=home#
They're gonna dump Treasuries like mad. You just watch.
Everyone thought capital flight was bad before......They're not stupid guys. The bailout will put us into an instant recession but stave off a possible depression (if we're lucky).
C is not going to step in the way of this one.
Bunch of garbage. WB is done.
C has had too much trouble financing their own mess UNLESS they do an equity deal.