Citigroup to buy Wachovia banking operations
Monday September 29, 9:24 am ET
*** begin quote ***
NEW YORK (AP) — In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the Federal Deposit Insurance Corp.
*** end quote ***
Doesn’t anyone think that banks are becoming too big?
# # # # #