A sworn affidavit by Wachovia (WB) CEO Robert Steel suggests the bank came close to failing at...

|By:, SA News Editor

A sworn affidavit by Wachovia (WB) CEO Robert Steel suggests the bank came close to failing at least twice in the last week, and that the FDIC pushed Steel to abandon a pact with Citigroup (C) in favor of Wells Fargo (WFC), thereby letting the government off the hook.