Yahoo! Message Boards - Wachovia Corporation - What really happened to WB and why people should hang on.

Wachovia Corporation - What really happened to WB and why people should hang on.: "Folks, I live in Charlotte and I am a news junkie on local poitics and financial doings. Pat McCrory, Charlotte Mayor running for NC Governor suspended his campaign to work in unison with city leaders and Hugh McColl (former mega-CEO of Bank of America and huge civic leader). Be glad Hugh is on the seen. Even though he was CEO for WBs rival, he realizes WBs existence is as crucial to Charlotte as BofA b/c WB employs more people here. Hugh is connected and you can bet he has direct lines to Dodge&Cox Funds and Fidelity. Hugh and Steel are neighbors in Eastover (a wealthy Charlotte suburb). Ken Thompson lives there too. All hands are on deck. This bailout changes the game. Mark my words