hunter

Who Is Now Number One in the Banking Industry?

The best thing for the banking public may be for Wachovia to remain independent. If Wachovia is bought competition will lessen and that will be bad for the consumer. I too hope Wachovia will take advantage of the rescue bill and the relaxation of mark to market accounting rules. Wachvovia has a very profitable retail bank and their customer satisfaction reviews are among the highest in the industry. With the rescue package passed Wachovia can overcome its mtg woes and earn itself out of this mess. If Wachovia employees truly care about their company they should do what airline industry employees have done and take pay cuts to ensure their future. Wachovia's Sr MGRs should take the lead in salary cuts and take back ownership and make their company great again.

Chewing on the FDIC List of 'Problem' Banks

Doom and Gloom is what you are all about. Sensationalism news reporting thats what makes you tick. You must be in with the short sellers because you sure like to do anything you can to drive the share price of stocks down. The Fed, treasury, and SEC is on top of the markets. Please let them do their jobs without your negative influence.