Echo To All

JP Morgan Offer for Wachovia Makes Sense

these rumors were flying for a few months, and now it is getting a lot more attention. but WB has been an acquirer over the years, hence do not see them being bought out. also, if JPM is primarily looking for retail operations in the SE, WB has a lot of other businesses JPM would need to divest. (the deal would seen complicated and costly)

i think jpm needs to stick to a smaller player focused in the SE. (i'm actually waiting for this rumor to be squashed so I can buy jpm... i don't want them to buy WB just yet due to the Gold West mortgage exposure. Don't know if those problems are out of WB yet.)