€uromeinke, FEJ. and Ghoulish Delight RULE!!! NA abides.
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€uromeinke, FEJ. and Ghoulish Delight RULE!!! NA abides. |
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09-29-2008, 07:43 AM
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#1 |
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the one n only
Join Date: Jan 2005
Location: Anaheim
Posts: 1,236
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Citigroup (Citibank - THE largest bank in the nation) has bought Wachovia.
Off to work I go (to find out the details of our next merger).
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09-29-2008, 09:39 AM
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#2 |
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Member
Join Date: Sep 2008
Posts: 86
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I heard that this morning as I was on my way out for my 2 minute commute however, having some SERIOUS issues with Wachovia, I have mixed feelings. I didn't hear, what is Citi paying? Frankly, I think Chase got the deal of the century last week.
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09-29-2008, 09:42 AM
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#3 |
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Prepping...
Join Date: Jan 2005
Location: Here, there, everywhere
Posts: 11,405
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I hate Chase. Love Citi. My student loans were with Wachovia but they were paid off 2 weeks ago. Kinda bummed now, I heard that the bailout was going to provide something for student loans. Oh well, $30k off my debt plate.
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09-29-2008, 10:00 AM
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#4 |
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Chowder Head
Join Date: Jan 2005
Location: Yes
Posts: 18,500
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And in other news, I bought a chili dog at the LA County Fair. Although I didn't get it for pennies on the dollar.
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09-29-2008, 10:09 AM
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#5 |
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...
Join Date: Jan 2005
Posts: 13,244
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"Wa-Moo" is a lot more fun to say than JPMorgan Chase.
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09-29-2008, 10:56 AM
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#6 |
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Nevermind
Join Date: Jan 2005
Posts: 7,847
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According to MSNBC, the House is rejecting the bailout bill, and the Dow has dropped more than 400. What a fvcking mess.
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09-29-2008, 10:56 AM
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#7 |
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Nevermind
Join Date: Jan 2005
Posts: 7,847
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CNN is reporting the Dow is down 600 points. Here we go- wheeee!
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09-29-2008, 10:59 AM
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#8 | |
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lost in the fog
Join Date: Jul 2005
Location: San Francisco
Posts: 7,831
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Quote:
You are so right WB, an effing mess. Brother, can you spare a dime?
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09-29-2008, 10:59 AM
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#9 |
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I Floop the Pig
Join Date: Jan 2005
Location: Alternative Swankstyle
Posts: 19,348
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Sigh, partisan politics reigns supreme.
Democrats don't want to vote for it without Republican support so that if it fails they can point across the aisle. Republicans know this and are happy to let it stagnate and point at the Dems for not using their majority to pass it. Though I still think the agreement is too hasty I'm not horribly upset that it's going to go through another round of review.
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09-29-2008, 11:01 AM
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#10 |
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Nevermind
Join Date: Jan 2005
Posts: 7,847
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I'm not sure the market can take another round of review. This is one instance where there are too many people expressing urgency to not take it them seriously.
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Hybrid Mode
