Breakingviews | Wells Fargo

Considered view

11 Jun 2009 19:46

Unrequited funds

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The US bank complained about being force-fed rescue funds and promised to pay them back fast. So the fact that it wasn’t among the first 10 to do raised eyebrows. But Uncle Sam’s cash may help it scrape by while it sorts out Wachovia’s mortgage mess – just as it was meant to do.

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