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Non-Tech : NORWEST Banks..... -- Ignore unavailable to you. Want to Upgrade?

To: David C. Burns who wrote (20)	9/4/1998 10:15:00 PM
From: John Soileau	Read Replies (1) \| Respond to of 33

"In addition to its questionable lending practices, Wells is chief financial backer for Oregon Steel's war on workers at its CF&I plant in Pueblo, CO,..." I hope noone mistakes this labor-union-PR hatchet job for journalism. In fact, many high profile bank mergers are beset by this kind of CRA-related pressure, and most survive it. The residential lending market is brutally competitive, and the Norwest-WF combination will not undo that in the affected communities. Look in your phone book and see how many lenders you can call for rates on a home loan. I'd be extremely surprised to see any real difficulty for the merger emerge from the public hearing. Any other takes on this? John, still buying this 2.5% CD