Wachovia, Citigroup, Wells Fargo love triangle won't end soon
The ongoing battle for Wachovia will continue, with a legal standstill until Friday morning.
The fight moved to state and federal court this weekend, but the parties agreed to a cease-fire after a recommendation from the Federal Reserve officials. That agreement expired at noon today, according to the Associated Press. Citigroup and Wells Fargo are ready to fight to the death for failing Wachovia.
Check our previous stories for the background.