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With open ARMs

机译:使用开放式ARM

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Building a sound marriage is no easy task. Marion and Herb Sandier, the septuagenarian co-chief executives of Golden West, a California bank, not only managed to keep together a solid one over the past 40-odd years, but also built probably the best mortgage thrift in America. Now the two are at it again. Wachovia, America's fourth-biggest bank by assets, announced on May 7th that it was buying Golden West for $25.5 billion in cash and shares, creating a bank with $669 billion in assets and branches in more than 20 states. Its investors were unimpressed. Wacho-via's share price tumbled almost 7% the day after the news was announced.
机译:建立良好的婚姻绝非易事。加利福尼亚银行Golden West的七十周年纪念联席执行长Marion和Herb Sandier不仅在过去40多年中保持了坚实的实力,而且还建立了美国最好的抵押储蓄机构。现在两个又来了。 Wachovia,按资产计算是美国第四大银行,5月7日宣布,它将以255亿美元的现金和股票收购Golden West,从而在20多个州建立了一家拥有6690亿美元资产和分支机构的银行。它的投资者不为所动。该消息宣布后的第二天,Wacho-via的股价下跌了近7%。

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