Posted on 10/03/2008 8:57:03 AM PDT by NCjim
Lowe’s is a good company - particularly when compared to Home Depot. It’s further to drive to Lowe’s but I will NEVER go to HD. Hope you all come out okay.
Re WF - I really am not going to open an account at WF. Have been with Compass for 21 years. Just keep enough in there to pay the bills so nobody is going to get rich off of me. Since I moved WF is just right around the corner versus 42 miles round trip to nearest Compass. TNX for the heads up. Suspected they were in trouble because of all the offers of a “free credit card” I’ve been getting from them daily tho.
yep
The other tell- if they offer CD rates well above the average...
Appreciate all my new knowledge from you all sooooooo much. TNX.
Not so fast! Today, Citi is down.
A word to Wells Fargo. What goes around comes around. None of the financials are a safe haven these days.
sw
Cry me a river. Citi wasn’t trying to buy Wachovia...they were trying to steal them.
We should. The CEO sent out an e-mail a few days ago, assuring everyone that everything was okay and that our paychecks will still go out on time. We are still planning on adding 75-85 new stores next year. This is down a bit from this year’s 120 stores, but we are starting to run out of places to put new stores.
“I’m betting this ends up with WF/Wachovia merging but paying Citi $$$. “
Was thinking the same thing today when the news was discussed, but there is an odd angle of the credibility of the varied federal entities involved being impacted, since they were involved with the WB./C deal.
I bet the next time the fdic sets up any liability-purchase of a troubled bank, the purchaser is going to insist on it being signed and notarized in blood by all involved.
You’re welcome. Stay safe !
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