Wells Fargo Calvary (sort of) to rescue Wachovia. Charlotte too!

October 3rd, 2008 categories: A Charlotte Institution, The Charlotte Scoop

The Calvary arrived in Charlotte today! The Wells Fargo Bank of Sand Francisco announced today it’s own rescue package, buying Charlotte’s Wachovia bank for a more respectable amount. Surely it does not heal all wounds but on first blush looks like a well deserved break for Wachovia employees, shareholders and Charlotte. Maybe the sun will rise versus set on a new friend for Charlotte. Read more here in the Charlotte Business Journal.

This entry was posted on Friday, October 3rd, 2008 at 10:55 am and is filed under A Charlotte Institution, The Charlotte Scoop. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply