infoplease

Wachovia-Golden West Transaction: A Disaster Without Peer

This may all be true but what about the Wachovia stockholder. Steel may be smart, he sure isn't honorable. He was putting out info the day before he started dealing to sell Wachovia about how strong we were and that everything would be Ok. As a long time shareholder I would have sold some of my stock if he had not gone on Jim Cramer and made such a good pitch and then put out the strong hold statement on WBs website right before he screwed the shareholders. If I had lots of money I would not go near anything Bob Steel has his hand in, I dont trust one word from the man any longer. Also, look who else got a good deal, not the stockholders but Ben Jenkins and several other Wachova croonies who were involved in the Golden West debacle. They are getting huge severances in the 13 millions and a job with Citi. This is exactly the reason I along with most other taxpayers do not agree with the Bail Out congress is pushing. No one is holding anyone accountable for this catastrophe that has destroyed companies and people's lives. Something is very wrong with our country and we need to do something about it beginning with voting out the politicians in office and voting in new faces. At least give someone else a chance.