Tag «Wachovia»

Wachovia and Wells Fargo Merger – A short study on the market efficiency and no arbitrage theory

In front of me is a copy of the shareholder’s prospectus on the Wachovia and Wells Fargo merger. Put all the excitement aside (since this is the first time I am voting as a shareholder for a legal entity, although practically I do not hold any stock of Wachovia Corp as this point although I …

So…the 700 billion is gone…

Well, not quite, there is still hope that the senate would bring it back to live some times later this week. However, the collapse of Wachovia, the bank that could be saved if the loan programs have approved earlier, as well as the plunge of the major index around the world, clearly indicated that this …

Finally, the 700 billion..

I was really thrilled to hear that the senate has finally approved the package to save the financial world. I am not sure how much the collapse of Washington Mutual would have made those senators feel that they finally need to do some work rather than arguing all over the place to maximize their political …