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Politics : Ask Michael Burke
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To: wiley murray who wrote (27175)4/2/1998 1:53:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Wiley, I hate Wells' investment arm, as they are passive investors and I think active investing is the way to do it. But it is a halfway decent bank and they are not big in derivatives. I wouldn't buy it without a takeover story, but I think their strong consumer branch system could be attractive to somebody. BTW, I bank at Wells Fargo, not that that should cause any conflict of interest. When I opened the account, it was Commonwealth Savings, which went belly-up and was taken over by First Interworst. Wells bought out First Interworst. So, it's not like they were my first choice. -g- MB
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