Are you nuts!! WFC is offering to merge WB not obliterate it like the FDIC/FED/Citi proposal stands to do so. WFC proposal is the American way- capitalism the way markets are supposed to work.
FED/FDIC/Citi proposal is the welfare American way
what you are saying is punish wfc/wb for merging WB. Has it ever,ever occur to you that WFC/WB were already intalks prior to the welfare walkin. Possibly, WFC got forcefully pushed aside by the Fed/Fdic/Citi sweatshop group, huh?
If I were Citi, I would just let WB go and be conservative. It really takes very long time to implement and sbsorb such a big mess. OR BACK BACK YOUR OWN SHARE WITH THAT 2 BILLION. CASH IS THE KING NOW.