Commentary: Wachovia's story has no happy ending | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

Opinion

Commentary: Wachovia's story has no happy ending

Mark Washburn - The Charlotte Observer

November 26, 2008 01:28 PM

If you give a mouse a cookie, it's going to ask for a glass of milk. Such are the customs of kitchen rodents as observed in the children's book by Laura Joffe Numeroff.

And if you start throwing tasty banquets for one mouse, others are going to come. Such are the customs of Wall Street rodents as observed by everyone right now.

Bail out a big insurer and pretty soon the bankers are lining up in cookie bibs. Toss a couple billion at the bankers and then the automakers come roaring along.

Problem is, there are never enough cookies to go around.

This week, a judge heard arguments from Wachovia shareholders who are sore about the way the Charlotte-based bank is being gobbled by Wells Fargo.

Shareholders made good points.

To read the complete column, visit The Charlotte Observer .

Read Next

Opinion

This is not what Vladimir Putin wanted for Christmas

By Markos Kounalakis

December 20, 2018 05:12 PM

Orthodox Christian religious leaders worldwide are weakening an important institution that gave the Russian president outsize power and legitimacy.

KEEP READING

MORE OPINION

Opinion

The solution to the juvenile delinquency problem in our nation’s politics

December 18, 2018 06:00 AM

Opinion

High-flying U.S. car execs often crash when when they run into foreign laws

December 13, 2018 06:09 PM

Opinion

Putin wants to divide the West. Can Trump thwart his plan?

December 11, 2018 06:00 AM

Opinion

George H.W. Bush, Pearl Harbor and America’s other fallen

December 07, 2018 03:42 AM

Opinion

George H.W. Bush’s secret legacy: his little-known kind gestures to many

December 04, 2018 06:00 AM

Opinion

Nicaragua’s ‘House of Cards’ stars another corrupt and powerful couple

November 29, 2018 07:50 PM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service