douglogic

Sad State of Affairs: Wachovia Calls in Goldman to Evaluate Its Loan Portfolio

I kind of agree that it is probably a good thing they are getting an outside opinion because I don't believe that a doctor should treat his own child, a cpa do his own taxes or a lawyer represent himself. It is always good to have a fresh set of eyes examine a situation. Probably some of the same insiders you are suggesting should be examining the portfolio are probably some of the same people that recommended the the World Savings deal. Thus a good reason to bring in outsiders to evaluate what is probably a really bad situation.