Monday, October 6, 2008

Citi seeks $60b

Based on absolutely nothing as I haven't bothered to read the court filings - doesn't seeking $60b ($20b for compensatory damages) confirm that Citi was getting Wachovia for almost nothing ($2b)? Which is the strongest policy case for finding for Wells Fargo? And thus Citi's request indirectly supports Wells Fargo?

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