Tuesday, September 30, 2008

Jay Leno Knows Why Wachovia Was Sold

Posted by Jarvis Holliday On 9/30/2008 No comments
Charlotte is still in shock over the announcement yesterday that Wachovia is selling its banking operations to Citigroup. The Wachovia as we know it will be forever changed, and the immediate attention now is on potential job losses at the Charlotte-based bank.

Last night on the Tonight Show with Jay Leno, Leno talked about the Wachovia news. He showed this actual Wachovia commercial that he says he saw airing yesterday while the reports of the bank's sale were going on (I saw Wachovia commercials airing, too, on CNBC as the story was being reported). Leno said Wachovia was sold because the bank was doing poorly and the bank was doing poorly because it was giving away money, as is evidenced in this commercial. (When I look at it, I'm reminded of "making it rain." Man Law.)

It's not funny to those who are worried about their jobs, but sometimes you have to laugh to keep from crying.


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