Re: Wells Fargo - Wachovia deal

On 3 Oct, 06:02, "Econotron" <njmfi...@xxxxxxxxxxx> wrote:
WF is rushing to buy Wachovia at a bargain price, before the Treasury starts
its price-fixing scheme with the bailout money. History will probably view
this bailout as the greatest taxpayer robbery ever.
e.


"The greater fool theory (sometimes the bigger fool theory, also
called survivor investing) is the belief held by one who makes a
questionable investment, with the assumption that they will be able to
sell it later to "a bigger fool"; in other words, buying something not
because you believe that it is worth the price, but rather because you
believe that you will be able to sell it to some one else for an even
better price."

http://en.wikipedia.org/wiki/Greater_fool_theory

how would rate the treasury using this theory?
.