It’s hard to see how Citi can come out looking good from the Wachovia battle. Wells Fargo is offering more money to shareholders and less taxpayer risk. Forget the legal arguments, Citi should accept a face-saving gesture, call itself collateral damage and move on.Sign up to read the rest of this subscriber-only content, or if you are already a member please sign in here.
Forgotten your password? Get a password reminder.
This Views Flash will shortly be followed by a Considered View