It’s about the legality of Wachovia giving Wells voting stock pre-merger and whether this move was designed to dilute or invalidate stockholder wishes on the matter of merger.

Richard Moore is as corrupt as Chick-Chick Perdue and there’s no doubt that he and Wachovia’s Bob Steel had a few “discussions” about the “future”.

http://en.wikipedia.org/wiki/Robert_K._Steel

Bob Steel was on the Board of Trustees at Duke during the Lacrosse Hoax. When lacrosse coach Mike Pressler went to his office to explain to him that his players were cooperating with police and that they hadn’t even touched the insane, destructive prostitute…errr…..”exotic dancer”…..

…..Steel told him, “It’s not about the truth.”

Duke had to calm the natives of Durham and the New Black Panthers who had descended on the town threatening the athletes.

Steel’s highest priority was attempting to preserve the Duke administration’s image. Not concerned at all that three young men might be railroaded into prison for 30 years for something none of them did.

Bob Steel is an oily inside player who is as void of decency as they come.

(Come on in now, “Mr. Cranky”! You see, there will always be a connection–close or distant—and a “Six Degrees from Kevin Bacon” example for you.
Just for you, “Mr. Cranky”!)

Enjoy!

Frankly, I’m glad that Wells Fargo wants to take them over. I’m hoping it will improve customer service. I was with First Union and when the Wachovia merger went through customer service dropped like a stunned pigeon.