Rumor of Wachovia being taken over by JP Morgan-Assholes.

[Neshanic]

It's on the internets.

[Deja Q]

1. Heck, I didn't even hear when JP Morgan merged with Assholes.

:shrug:

[DJ13]

2. They havent

Bank of America is still a separate company.

[amandabeech]

3. There may be forced mergers as the economy winds down.

The taxpayers may take some of the garbage assets and try to get something out of them, a la Resolution Trust, but no depositors lose money or access to their money.

It is a sign of serious economic problems and unwise and perhaps illegal banking decisions.

Expect more perp-walks!