Wachovia commerical on CnBC?

Quote from sprstpd:

I thought the ban on short selling would stop these downward moves! Confused... :confused:

I'm surprised by some of the comments this morning. I think some people come here for their news instead of the TV or the multitude of other media outlets. :cool:

The downward movement could have something to with being hacked up in a WAMU-esque kind of deal, except that Citi gets the prefered debt.

Bottom line, common shareholders are fucked again. I don't even see it trading pre-market anymore.
 
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