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Sun Jun 22nd 22:49 PM
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Buffet's Investment in Wachovia Is Unlikely

I am a retired senior officer of the ORIGINAL Wachovia Bank, not the bank presently carrying the name of Wachovia. I agree with Buffet's assessment of executive management of the present Wachovia (WB); this management IS lousy, to include Lanty Smith, the fellow who is acting CEO. "Acting" is a good way to describe Lanty, because his knowledge of the banking business appears to be very limited.
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