FRIDAY OCTOBER 03
Nothing’s Shocking

As Wells Fargo snatches Wachovia from Citigroup’s grasp (for an impressive $15.1 billion) Mr. World’s Richest Man Warren Buffett forces Goldman Sachs’s top four executives, including Lloyd Blankfein himself, to skip to his loo by locking up 90% of their bank stock. What next? John Thain gets primed as successor to the bank that just swallowed his own company, Merrill Lynch – the planet’s largest brokerage firm? As is suggested here, the answer could very well be yes.

October 2008

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