Quote from Trad'nUp:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a_rG6edy.Ccc&refer=home
No Citi has more time. I don't know how Citi can think their deal is better for anyone but Citi and won't hit some serious resistance especially when the Citi deal includes tax payer assistance right up front and kills off share holders. Citi needs to either just worry about their own financial woes or step up with a deal that makes better sense to everyone else.
Which is fine and all. But it has been reported that the exclusive deal that was held between Citi and WB was pretty ironclad. So if that was the case 1) TOO BAD FOR WB they should have waited and NOT have signed anything, THE LAW IS THE LAW. 2)If there was this deal signed between WB and Citi saying WB could deal with noone else. WHAT WAS WB'S CEO STEELE THINKING, when he signed a deal with Wells Fargo!??!!??
Morons running the system, any wonder it's collapsing?