Despite a report showing 159,000 jobs were lost in September (the biggest drop in 5 years) investors seem positive today because Wachovia was bought by Wells Fargo. This $15 million dollar deal was accomplished without assistance from the Federal Deposit Insurance Corp.
Job listings at the employment training
facility, Job Train, in Menlo Park,CA.
TODAY'S THREAD:
Is this deal proof that we don't need to bail out Wall Street? Could it be the market will adjust itself without the proposed $700 million dollar handout?
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