Girls Gone Wild “Saga” Continues
By: Elizabeth Cate
Joe Francis a No Show for Court Proceeding
Source: WMBB News Department
Fire Near New Airport No Cause for Concern
By: Jessi Chapin
Lucky Puppy Dog Rescue Adoption Event
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Bay Med Hosts Construction Tour
By: Allyson Walker
Florida’s Unemployment Climbs but Panhandle Boasts Some of the Lowest Rates
Source: Associated Press
Thomas Drive and Joan Avenue to be Closed for Construction
Source: City of Panama City Beach
Rates for High-Risk Accounts Going Up
Source: Associated Press
Shoppers Should Know Their Rights Before the Holidays
Source: Associated Press
H1N1 Flu Vaccination Clinic on Saturday at the Bay County Health Department
Source: Bay County Health Department
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10/05/08 - 08:00 PM
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NEW YORK (AP) - A federal judge has vacated a New York state judge’s ruling temporarily blocking the sale of Wachovia to Wells Fargo. But the judge has scheduled another hearing for Tuesday so that Citigroup can respond.
Wachovia is at the center of a fight between Wells Fargo and Citigroup over who will buy the beleaguered bank.
Wachovia wants to move ahead with its deal to sell itself to Wells Fargo for 14.8 billion dollars.
Citigroup, which had earlier agreed to take over Wachovia’s banking operations for 2.1 billion dollars, claims it has an exclusivity agreement that bars Wachovia from talking with other potential buyers. Citigroup’s deal was struck with the assistance of the Federal Deposit Insurance Corporation.
Wachovia wants the U.S. District judge to declare that the Wachovia-Wells Fargo agreement “is valid, proper and not prohibited by a letter agreement between Wachovia and Citigroup.”
TO CHANGE THE SUBJECT A LITTLE> PEOPLE YOU HAD BETTER GET ALL THE CASH MONEY YOU CAN AND PUT IT DEEP IN YOUR POCKETS ASAP> YOU WILL REALIZE WHAT I MEAN BY WEEKS END. THIS IS NOT TO SCARE YOU IT IS A FACT> JUST WAIT AND SEE.
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FLORIDA CONSUMER NEWS reminds all consumers to keep your money in FDIC or NCUA insured accounts at any insured bank or credit union!
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