Whew x Two (I think!)

So, the vice-presidential debate went off without any major hitches. Both Biden and Palin made some mistakes but not any that could be called "incredible" and, while both of them got some of their facts wrong, overall it was not the bloodbath that many thought it would be. Apparently the 2 days of intense practice down at the Bush ranch helped! Other than the fact that if she said soccer mom or gosh darn one more time (I swear I was going to throw something at my t.v. set), I think Palin made an overall favorable impression is smarter than she is letting on. Of course, if the McCain-Palin ticket wins and something (God forbid) does happen to McCain which would ultimately leave Palin in charge, I can picture her sitting down with some head of state or foreign president calling him "Joe six pack." It'd be quite interesting

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Wells Fargo to Buy Troubled Wachovia for $15.1 Billion
FDIC Says It Intends to Uphold Deal With Citigroup

Is Wells Fargo going to pay off Citibank for a substantial sum? If not, I'm sure Citibank can tie up this deal in court for years which would most likely cost both institutions millions of dollars in litigation fees and costs. Is Wells Fargo so well off that it can take on all of Wachovia's toxic debt on it's own (which caused Wachovia's failure), whereas Citibank, which is a global bank giant can't? The Fed will strike this deal down - it;s a breech of contract; FDIC never reneges.