Sep. 29 - Wachovia is selling most ot its assets to Citigroup in a deal brokered by the FDIC.
Citigroup is paying just over $2 billion dollars in stock for most of Wachovia's assets. All of the deposits will be safe.
Bobbi Rebell reports from New York.
SOUNDBITE: Guillermo Kopp, Executive Director, The Tower Group
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