So, Wells was supposed to merge with GS 12 years ago. But we got Wachovia instead. I guess wrong decision! But maybe 12 years later we still have a shot at GS?
“Merger Rumors: Morgan/Wachovia, Goldman/Wells?
Someone was cranking up the rumor mill yesterday. Gossip shot around the world: “Morgan Stanley Considers Merger With Wachovia”, “Wells Fargo, Citi Have Expressed Preliminary Interest in Washington Mutual”, “WaMu Puts Itself Up for Goldman-Run Auction”, “Wells Fargo and Goldman Sachs in merger talks”, and lastly, “Mortgage bankers enjoying current underwriting guidelines.” Remember that Morgan Stanley and Goldman Sachs are the last two large independent brokerages on Wall Street…”