Re:Citigroup buys Wachovia
by anamax on Monday September 29, 2008 @01:58PM
(#318591)
The folks who didn't get into the fancy stuff, such as Wells Fargo and many of the regionals, are doing quite well.
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Re:Citigroup buys Wachovia
by jcromartie on Monday September 29, 2008 @02:18PM
(#318611)
True. I'm mostly talking about the unbelievable amount of money that exists purely as debt, thanks to the investment banks and central banking in general. A return to more conservative banking is all I really expect... but not without some major casualties.