Schumer an Cuomo don't realize the precarious position First Niagara is in. It NEEDS this deal to go through in order to survive. If any governor should be upset by this deal it is Governor Kasich, because KEY is definitely getting the short end of this deal. KEY is (or at least was) a solid bank with good earnings. They are buying a bank that is rotten to the core. This deal is worse for KEY than the HSBC deal was for FNFG.
More jobs will be lost if the deal doesn't go through than if it does.