The biggest deal makers on Wall Street?
Who are the biggest deal makers on Wall Street right now? Not Goldman Sachs. Not Morgan Stanley. Try federal regulators, like Treasury Secretary Henry Paulson and New York Fed Bank head Tim Geithner. Washington Mutual has been the target of lots of rumors. The grapevine holds that regulators have reached out to Wells Fargo & Co., JPMorgan Chase & Co., and HSBC Holdings PLC among other banks. So far, it's unclear if anyone wants the ailing thrift, whose stock is down 83 percent this year. The issues seems to be the minefields that potentially lurk in its portfolio of assets.
For more:
- here's an AP article
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