Antitrust Concerns A Non-Issue Amid Meltdown
But antitrust concerns have completely faded into the background as the government desperately tries to shore up the critical banking sector amid the worst financial crisis in memory.
Brokered by the Federal Deposit Insurance Corp., the latest $2.16 billion deal leaves Citigroup with the bulk of Wachovia's assets and liabilities, including five depository institutions, the FDIC said.
Under the terms of the deal, Wachovia...
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