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Thread ID: 93733 2008-09-29 02:15:00 And Another Bank Goes Glug..... SurferJoe46 (51) PC World Chat
Post ID Timestamp Content User
708507 2008-09-29 02:15:00 Citigroup and Wells Fargo Said to Be Bidding for Wachovia (www.nytimes.com)

We lost WAMU (Washington Mutual...MY bank!) last week..and now the rumblings are that another bank giant is going under..WACHOVIA.

It's Sunday evening here and I am waiting to hear about the rollout in about eight hours.
SurferJoe46 (51)
708508 2008-09-29 02:25:00 Hey, if it helps, my bank (ANZ) is about to cut hundreds of jobs, as a "preventative measure". ubergeek85 (131)
708509 2008-09-29 04:09:00 Well...I've still got my puny nest egg...so I'm not worried at it failing...but now I loose my free checking, ATM, credit cards and notary things etc etc.... SurferJoe46 (51)
708510 2008-09-29 09:45:00 If you were banking with WaMu I feel sorry for you. Chase all the way! beeswax34 (63)
708511 2008-09-29 18:37:00 I hope Westpac doesn't go under. :eek: pcuser42 (130)
708512 2008-09-29 20:36:00 Hey, if it helps, my bank (ANZ) is about to cut hundreds of jobs, as a "preventative measure".

That's more of a coincidence than anything else. The govt pulled them up for many millions of dollars of unpaid tax... Thus the job cuts.

Of course everywhere is feeling it at the moment, but I think we're mostly OK here in NZ.
Thebananamonkey (7741)
708513 2008-09-30 00:24:00 T I think we're mostly OK here in NZ.

Hah.

"US owner of NZ national grid sold
The troubled American owner of New Zealand's national grid assets has been bought by a rival in a fire sale."

Thats Wachovia.


www.stuff.co.nz
pctek (84)
708514 2008-09-30 05:17:00 $640 million dollars of NZ superannuation lost in the last year on the stock exchange. Wonder what they did with the ACC money? zqwerty (97)
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