Globonomics!

Consulting|Technology|International business

Wachovia is in trouble

leave a comment »

It looks like Wachovia is going to be the next casuality to get acquired. Potential suitors include Citigroup (NYSE:C), Wells Fargo among others.

http://www.nytimes.com/2008/09/27/business/27bank.html?hp

The $ 700 billion bailout is taking time but taking its casualities as well.

Going forward – I will blog more about the correlation between this credit crunch and a more economics, freakonomics type approach to understanding this credit crisis that will be of more interest to my readers. Watch this space as the new trend unfolds. It will have facts and figures to support it.

Advertisements

Written by Naveen Athresh

September 27, 2008 at 11:30 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: