10.07.2008

The King Solomon solution

Angry Feds May Force Citi and Wells to Share Wachovia

Excerpt:

Worried about a protracted legal battle further wrecking the credit markets, banking system, and economy, the Feds have stepped into the fight for Wachovia. The solution? Citi and Wells Fargo may have to share it:


Comment: My solution: Let the stockholders decide! The King Solomon solution refers to 1 Kings 3:25-27.

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