Wachovia Bank (fka WB)

[mordicai]

My next prediction is that Bush is going to pardon a bunch of administration/government officials and bankers before he leaves office so no criminal investigations/indictments can take place under the premise that although no wrong doing occured he wants to save these great public servants from defending their honor and incurring great legal expense. I listened to the interview of the state treasurer of north carolina today who made the point that Wachovia employed more people than General motors. He asked why was the fourth largest bank allowed to fail, but not the fifth, sixth, seventh,....? Politicians arranging sweet deals for their colleagues. Wonder how much Paulson will be paid for making speeches at future functions of the banks he has re-capitalized?