Thursday, September 18, 2008

Is Wachovia Next?

The Philadelphia Inquirer reports that the area's largest bank Wachovia Corp., may be the next major financial institution seeking financial relief by possibly merging with Morgan Stanley.

Obviously this financial downswing that we're experiencing is more serious than anyone believed, and it appears to be getting worse by the day.

1 comment:

Anonymous said...

Hey, what is going on? Is the world going to end-LOL. Seriously!!
8g