ScHpEnXeL Suspended 32613 Posts user info edit post |
2 10/3/2008 9:32:03 AM |
joepeshi All American 8094 Posts user info edit post |
looks good for everyone but citi..their stocks are dropping 10/3/2008 12:31:09 PM |
Smath74 All American 93278 Posts user info edit post |
what's going to happen with my citi credit card? 10/3/2008 12:37:27 PM |
CalledToArms All American 22025 Posts user info edit post |
^ yea i was wondering the same thing. I have other credit cards, but my Citi card has been my main card and its tied to my bills and all so I need to stay on top of this. Also doesnt it hurt your credit score if someone goes under and thus closes your card? especially the card with the largest limit? 10/3/2008 12:44:05 PM |
Gzusfrk All American 2988 Posts user info edit post |
I haven't read anything that says Citi is going under... just that it doesn't get to buy Wachovia. How would that affect your card at all? 10/3/2008 12:45:01 PM |
CalledToArms All American 22025 Posts user info edit post |
I know, but IF they went under...Im just trying to stay informed before it happens if it happens. 10/3/2008 12:50:15 PM |
Smath74 All American 93278 Posts user info edit post |
so if they went under would my debt go with them???? 10/3/2008 1:46:03 PM |
jbtilley All American 12797 Posts user info edit post |
Someone else would buy the debt up and you'd make the check out to someone else that wanted a 17% ROI.
I just hope Wachovia is charged a million overdraft fees. 10/4/2008 5:51:53 PM |
DPK All American 2390 Posts user info edit post |
Oh for the love of all: http://www.wral.com/business/story/3675273/
Screw Citigroup, their deal is weak and are just crying about it. 10/5/2008 7:48:02 AM |
Wolfey All American 2680 Posts user info edit post |
This will be a very interesting battle, worst case scenario is Citi succeeds in blocking the bid Wells backs off and the Wachovia shareholders reject the merger. This is a no win situation for Citi they won't get a Wachovia and may try to cause Wachovia to fail in the process. 10/5/2008 11:10:07 AM |
ThatGoodLock All American 5697 Posts user info edit post |
why would the shareholders block the merger? stocks rose because of it 10/5/2008 11:26:27 AM |
qntmfred retired 40726 Posts user info edit post |
uh, they would block it b/c the wells fargo offer is a better deal 10/5/2008 2:43:43 PM |
ThatGoodLock All American 5697 Posts user info edit post |
oh you said merger...which is what wells fargo is trying to do
citigroup just wanted to buy a few select parts of wachovia which is why the merger is a much better plan than breaking up the company and laying some of them off 10/5/2008 2:49:15 PM |
ThatGoodLock All American 5697 Posts user info edit post |
TWO BANK ENTER
ONE BANK LEAVE
woohooo 10/9/2008 6:50:32 PM |