FT reports Goldman (GS) was in talks to buy Wachovia (WB) the weekend after Lehman collapsed in...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

FT reports Goldman (GS) was in talks to buy Wachovia (WB) the weekend after Lehman collapsed in September. Talks reportedly failed when the government was unwilling to protect Goldman against losses on Wachovia's giant loan portfolio.