By MARK DAVIS
The Atlanta Journal-Constitution / Monday, September 29, 2008
When giants stumble, what can you do?
You deposit your money and hope for the best.
So said a handful of Wachovia customers, who went about their usual banking Monday following the announcement that Citibank will buy Wachovias banking operations. The Federal Deposit Insurance Corp. swung the deal, in which Citigroup will absorb up to $42 billion in losses.
Wachovia, based in Charlotte, is Atlantas second largest bank in terms of deposits.
Spotted here