213510 Resource 133538 120646 120646 1222693633276 1222693633276 Controlled Wachovia to Be Acquired By Citigroup

Spread betting and contracts for differences on individual equities

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Spread bets and CFDs on individual stocks should consider that <a href="http://calculatedrisk.blogspot.com/2008/09/fdic-citigroup-to-acquire-wachovia.html" target="_blank" title="Wachovia Citigroup, spread betting, contracts for differences, spread bets, CFDs, spread betting individual equities, bailout, spread bets stocks, FDIC">Wachovia is about to be acquired by Citigroup</a>.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">It is important to note that this is not a bank failure like <a href="item/213403" target="_blank" title="Wachovia Citigroup, spread betting, contracts for differences, spread bets, CFDs, spread betting individual equities, bailout, spread bets stocks, FDIC">Washington Mutual</a>. Instead, this is a merger that is being facilitated by the FDIC. It is also important to note (from the standpoint of American taxpayers and concerns about the U.S. economy) that no FDIC funds are going to this deal.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Even as the<a href="http://www.fxstreet.com/fundamental/market-view/fx-briefing/2008-09-29.html" target="_blank" title="Wachovia Citigroup, spread betting, contracts for differences, spread bets, CFDs, spread betting individual equities, bailout, spread bets stocks, FDIC"> U.S. government plans to bailout Wall Street</a> firms, it appears as though some portions of the free market are still in effect and working as some institutions begin a transition without a bailout.</span></font><br /> 9 application/xml false bailout CFDs contracts for differences FDIC spread bets spread bets stocks spread betting spread betting individual equities Wachovia Citigroup Spread bets on stocks http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.3) Gecko/2008092414 Firefox/3.0.3 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 133538 blog blogsite/GFTUK/web