Oct 06
In New York Appeals Court, Wachovia Corp. has
succeeded in over-turning the emergency order by Justice Charles Ramos
issued yesterday in New York State Supreme Court which gave
Citigroup Inc. the sole legal authority to negotiate
with the bank. Citi announced last Monday they’d be buying some of
Wachovia’s assets. Wachovia said a deal made later with Wells Fargo on
Friday to purchase the entirety of their assets is still legitimate.