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The FDIC instructed Wachovia to negotiate with Citi, which was the only remaining bidder for Wachovia. On the morning of Monday, Sept. 29, Bob Steel told the company s board that it had two options: Place Wachovia into bankruptcy or seek a government-assisted deal with Citi and the FDIC. The board voted in favor of seeking a deal.
After announcing the deal, Wachovia -- Greater Baltimore's third-largest bank -- was under tremendous pressure to complete its merger agreement with Citi, the suit says, because the FDIC had indicated to Wachovia that it would seize the bank unless the merger documents were completed by Monday, Oct. 6

Rock County Public Safety s OfficeRock County Veterans Service Commission, 3 p.m., Conference Room N-1, fifth floor, Courthouse-East, 51 S. Main St., JanesvilleRock County Human Services Board, 4:30 p.m., Conference Room, Rock County Health Care CenterRock County Arrowhead Library System, 6 p.m., Clinton Public Library, 214 Mill St., ClintonRock County Developmental Disabilities Board, 6:30 p.m., Classroom, Rock County Health Care CenterRock County Agriculture and Extension Committee, 7 p.m., Courthouse Conference Center, second floor, Courthouse-East, 51 S. Main St., JanesvilleTown of Turtle board meeting, 7 p.m., 6916 S. County Road J, BeloitThursday, Oct. 9
School District of Beloit Board of Education Eclipse Education Center Open House, 9 a.m., 1701 Riverside Drive, No. 26 Eclipse CenterSchool District of Beloit (E)Quality Committee, 2:30 p.m., 1633 Keeler Ave., Board RoomRock County Board of Supervisors, ending with executive session, 6 p.m., County Board Room/Courtroom H, fourth floor, Courthouse-East, 51 S. Main St., JanesvilleRock County Public Works Committee, 8:30 a.m., Public Works Department, 3715 Newville Road, JanesvilleRock County Planning and Development Committee, 9 a.m., Courthouse Conference Center, second floor, Courthouse-East, 51 S. Main St., JanesvilleRock County Finance Committee, 5 p.m., executive session from 5-5:20 p.m., followed by open session, Jury Deliberation Room, Courtroom H, fourth floor, Courthouse-East, 51 S. Main St., JanesvilleFriday, Oct. 10
Wisconsin River Rail Commission, 10 a.m., Dane County Highway Garage

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