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Thread: Citigroup buys out Wachovia

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  1. 09-29-2008, 03:19 PM #1
    Nadia
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    This might sound stupid but what happens to you if you have a Wachovia account?
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  2. 09-29-2008, 03:23 PM #2
    Atmosfear
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    Quote Originally Posted by Nadia View Post
    This might sound stupid but what happens to you if you have a Wachovia account?
    Odds are, nothing. Citigroup is effectively buying Wachovia's debt for $1 per share. The name of your account provider probably won't even change.
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