I don''t know what gave me the idea that Wachovia was already a property of Chase. I must have misread something.
However, I did find an article from July 2008 suggesting Chase could/should buy Wachovia at
Here is another that doesn't look good for Wachovia properties.
WB-PD WACHOVIA CAPITAL TRU... -49.94%
That was in one day, today.
Here is another:
WB-PS Wachovia Corporation -47.91%
WB was down alittle more then 27% in one day, today.
So it doesn't look good for them regardless.
I am still looking at Iraqi Dinar as an investment but I am going to spend the weekend studying pro and con articles about it.
I am also curious about the buyout and the Presidential debate.
I read in the paper today that people in the mid eastern part of the US are experiencing gas shortages similiar to what Houston saw after Hurricane
Power grid failures seem to be happening more often. Gas lines are coming back. Next in line will be a shortage of staple food items at American
grocery stores; a direct result of a gas shortage.
Doesn't it seem like 1967 all over again?
The President of an unpopular war is on the way out.
Inflation is increasing.
Gas lines are coming back.
Trouble with Iran (which happened in 1979).
The winner of the Presidential election could very well be the guy that LOSES his bid for the White House. It is impossible to fix this country in 4
years. Whoever wins will be blamed for what ever happens while they were in charge. He will not be re-elected, no way, no how.
I am not looking for get-rich-quick investments but I am looking for secure investments.
The Dinar could have a change at being $2.00US = 1 dinar but I would be shocked to see that happen over night. Over years or a decade or two,
I am not sure what kind of return I am looking for simply because I am looking at currency investments for the first time in my life.
Pro or con, all of your opinions here and on other boards I am on are greatly appreciated.