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To: HerbVic who wrote (78602)10/6/2008 3:22:46 PM
From: Lizzie Tudor  Respond to of 213173
 
yeah and the other thing is this takeover battle between wells and citi for Wachovia is a tell.

If things were really THAT bad, nobody would want Wachovia.

To that end I think the bailout served its purpose of shoring up sentiment, even if they never spend a dime of it.