Citigroup to Buy Wachovia’s Banking OperationsThough the FDIC is quick to assure customers that Wachovia has not ‘failed,’ the government spent the weekend helping Citigroup finance a deal.
ByChris Rovzar
company town
President Bush Sums Up the Financial Crisis the Best Way He Knows How“Wall Street got drunk,” the president said, “and now it’s got a hangover.” Also, Donald Trump Jr. invests in India, ‘Esquire’ editors decide to flash people, and more, in our daily roundup of finance, real-estate, media, and law news.
company town
Crane Collapse Causes Building DelaysAlso, the real Mr. Big thought watching the ‘Sex and the City’ movie was “eerie,” and Wachovia chief G. Kennedy Thompson is out the door. And more, in our daily industry roundup.