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Wells Fargo Acquires Wachovia

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Amid the continuing chaos on Wall Street, San Francisco-based Wells Fargo said it would acquire Wachovia Corp, beating out a competing offer from Citigroup. We look at what the deal might mean for the bank’s local customers and for the industry as a whole.

Guests:

Jim Wilcox, professor in the Haas School of Business at UC Berkeley

Jon Fisher, professor at the University of San Francisco and former CEO of Bharosa, acquired by Oracle in July 2007

Mark Calvey, senior reporter covering banking and finance for the San Francisco Business Times

Joseph Ridout, consumer services manager with Consumer Action

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