HA, you are a dufus. You know nothing about what transpired at First Union and Wachovia in the years leading up to the bank's collapse. The home grown management team prostituted the balance sheet, they created a huge warehouse line that was ill managed, and in the years leading up to the collapse they were the nation's largest commercial lender, bigger than BofA. (have you ever heard of Ed Verrone?). They made the stupidest loans on the planet. All of this company killing strategy was originated in Nawth Carolina, by the local brain trusts. Ken Thompson was unfit to take over from that other a** clown Crutchfield. They thought they could play in the big boy sandbox and they got crushed. GoldenWest did not sink the company, it was already sunk.
"Their other acquisitions were good ones.." HA HA HA HA HA. R-Tard