Mother and Daughter Battle Brain Cancer
By: Megan Albright
Accident on Hwy. 77
By: Enocha Van Lierop
Jackson County Soul Food Festival
By: Mark Jenkins
Bay District School Board Administration Recommendations Approved
By: Erin Hawley
First Time Homeless
By: Audrey Adair
Gulf County Closer to Improvements to Stumphole Rock Barriers
By: Tuquyen Mach
Legislators Spend while Talking Economy
By: Jessi Chapin
Sunday Alcohol Sales Nearing for Port St. Joe
By: Tuquyen Mach
Florida Economy Poll
Source: Associated Press
Florida Graduation Rates
Source: Associated Press
For Additional Headlines - go to our News Section »
- Paper Mill to Shut Down
made by deckboy - Paper Mill to Shut Down
made by Watchdog - Boot Camp Case to Reopen?
made by jday1999 - Boot Camp Case to Reopen?
made by TruthFinder - Demolition in Vernon
made by john mcbrown - Man Charged With Bigamy
made by jday1999 - Man Charged With Bigamy
made by SSMITH - Man Charged With Bigamy
made by quad - Boot Camp Case to Reopen?
made by jday1999 - Paper Mill to Shut Down
made by deckboy
10/05/08 - 08:00 PM
RSS Feed
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.”
This entry has been viewed 632 times.
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.
WMBB.com requires that you be a registered site member to post comments and content.
First, we are not being sneaky and gathering your email or other information to sell to telemarketers or e-mail spam companies.
Registration on this site is required simply to allow us to keep people who would post discriminatory, threatening and harassing messages and comments from doing it again.
By having user registration, we hope to provide you with a better user experience. Please view WMBB.com's full Terms & Conditions
FLORIDA CONSUMER NEWS reminds all consumers to keep your money in FDIC or NCUA insured accounts at any insured bank or credit union!
Joe Consumer, FLORIDA CONSUMER NEWS
Vist our web site: floridaconsumernews.blogspot.com
e-mail your comments and suggestions to: