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Wachovia to Purchase Palmer & Cay

National News • April 5, 2005
Wachovia Corporation, the nation's fourth largest bank holding company, has entered into a definitive agreement to acquire Palmer & Cay Inc., the 15th largest insurance brokerage and benefits ...

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Subject: RE: WACHOVIA BUYING PALMER & CAY

Posted On: April 5, 2005, 5:36 pm CDT
Posted By: Finance Guy
Comment:
Money follows money and unlike others who posted comments, I do see synergies of financial institutions having insurance arms. You may not like it, but it is hard to tell a bank from an insurance company from a finaical services/investment company. They all cross sell.

At the end of the day,insurance companies are in the finance business, and not the dissaster recovery business!!! If your mortgage company did not require it, how many homeowners would even have homeowners insurance anyway?
Subject Posted By Posted On
Finance Know it all Insuranceguy
Apr 11, 2005, 4:32 pm
RE: To Finance Guy Nationalinsuranceguy
Apr 7, 2005, 7:07 pm
RE: RE: Banks Buying Indys A small, proud indy
Apr 6, 2005, 1:26 pm
RE: Banks Buying Indys Insurance Guru
Apr 6, 2005, 1:19 pm
To Finance Guy Insuranceguy
Apr 6, 2005, 10:03 am
Banks Buying Insurance Agencies Former J & H
Apr 6, 2005, 8:46 am
RE: Banks Buying Indys AC
Apr 6, 2005, 8:16 am
Banks Buying Indys Frankfurter
Apr 5, 2005, 9:18 pm
Finance Guy- Homeowners?? Dookie
Apr 5, 2005, 8:38 pm
RE: WACHOVIA BUYING PALMER & CAY Finance Guy
Apr 5, 2005, 5:36 pm
RE: WACHOVIA BUYING PALMER & CAY mike
Apr 5, 2005, 2:59 pm
Bob & The Big Boys Insuranceguy
Apr 5, 2005, 2:26 pm
RE: RE: RE: WACHOVIA BUYING PALMER & CAY Grinch
Apr 5, 2005, 2:13 pm
RE: RE: WACHOVIA BUYING PALMER & CAY Eileen
Apr 5, 2005, 2:08 pm
RE: RE: WACHOVIA BUYING PALMER & CAY L
Apr 5, 2005, 2:08 pm
RE: WACHOVIA BUYING PALMER & CAY bob
Apr 5, 2005, 1:55 pm
WACHOVIA BUYING PALMER & CAY RICKY
Apr 5, 2005, 1:04 pm
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