RALEIGH, N.C., Nov. 12 (UPI) -- North Carolina Treasurer Richard Moore sounded bitter tones about the Wells Fargo takeover of Wachovia Corp. in a television interview Wednesday.
He likened the price to "highway robbery" and said Wachovia, which agreed to the deal on the day Congress passed the $700 billion bailout plan, was, essentially, involved in a "shotgun marriage."