The Federal Reserve made it official today. The winner in the bid to take over Wachovia Corp. is Wells Fargo & Co. The Fed gave its stamp of approval to the deal today.
CLICK HERE for the details.
Check out our other meltdown coverage…
- Fannie, Freddie to buy $40 billion a month of dinged mortgage securities
- Should rescue include gov’t buying stocks?
- Saturday Night Live skewers AIG excesses
- Should rescue include gov’t buying stocks?
- Did bailout bill incite global market meltdown?
- Downey Savings markets Newport HQ for $115 million to raise cash
- O.C. business owners squeezed in current crunch
- Real estate funds lose 36.5% in awful year
- Is money all that you’re losing?
- Who’s feeding the anxiety?
- Paulson: U.S. to buy stock of troubled banks
- Angel investors (and others) reduce their risk
