US Reps: Bank Deal Won't Change

Two Ohio congressmen who have criticized the federal government's role in the sale of National City Corp. say the banking deal probably won't change.

National City is being acquired by PNC Financial Services Group Inc. for $5.6 billion.

Congressmen. Steven LaTourette and Dennis Kucinich say the deal was brought on by National City's financial troubles, and they have questioned why PNC got federal bailout money and National City didn't.

They met this week with officials involved in the rescue program.

Comments

Popular posts from this blog

Arrests in Operation Diamond Drop

Cops: Man Had Sex with 13-Year-Old

Two Arrested on Drug Charges