I have nothing constructive to say to your desire that Citigroup
crashes to $0 other than the more than 200,000 US employees sure do
hope that is not the case. Guk- you are an idiot...the deal was
structured advantegous for the C shareholders as it should have been
with the risk of WB books that they were assuming. The passage of
allowing full recognition of loss in the year of acquisition on Monday
completely changed the game and the value of the acquisition after the
agreement was entered--- therefore WFC new found interest. The change
in accounting rules on Monday will likely cause an increase in the bid
for the WB assets and because of the WFC bid at $7 then it may be
likely to ease the integration process that they will follow suit but
WB and WFC were both in the wrong on this deal and C should press for
losses - causing WFC to in part foot the cost of their new cost of
acquisition thanks to their tort interference.  WB is not such a great
firm itself with their $120Bn plus of crummy assets purchased through
the Golden acquisition--- they unfortunately made a horrible mistake
in part due to timing of the mortgage crisis that requires the firm's
rescue nevertheless.