Wondering what those terms mean in the present take over business that's going on in the Wall Street. Hey all those banks/Wall Street didn't fail they just got bought over thats all. Huh?!! yeah right!!
The latest one being as expected earlier Citigroup is to take over Wachovia.
And if you are a Wachovia customer like me and wondering what's going to happen to your account(s) here is the Wachovia FAQ. You may want to check that link.