Funny antics in US financial bailout

While banking institution trying to merge with one another in US, we're seeing funny things happened. Citigroup, the owner of popular Citibank, are asked to buy Wachovia bank with government money after Wells Fargo Bank decided not to buy it. But before Citigroup able to buy it at USD2.6 billion, Wells Fargo decided to pay USD15 billion to buy Wachovia. Citigroup become mad and decided to sue Wells Fargo and Wachovia because they are playing with Citigroup feeling :P. But why blame Wells Fargo and Wachovia. USD2 billion vs USD15 billion. Sure enough Wachovia or whoever in the right mind will pick Wells Fargo.

Original statement:

Vicente in Miami comments on "Citi Seeking At Least $60B For Busted Wachovia Deal":

Citigroup (C) wants to make a quick and easy $60 billion from Wachovia (WB) and Wells Fargo (WFC), rather than generating "normal profits from operations."
First, Citi wanted the Federal Deposit Insurance Corp. to fund the purchase of Wachovia (the bank only) at the expense of Wachovia's shareholders, employees, and customers. Now, Citi wants to suck out as much as possible from these two fairly healthy financial institutions.
FDIC Chairman [Sheila] Bair must put her foot down and put an end to these unacceptable shenanigans by Citigroup, otherwise it will set a bad precedent within our banking system.

Another statement:

Backed by a government guarantee, Citigroup last week believed it had sealed a $2.2bn (£1.2bn) offer for much of Wachovia until Friday, when Wells Fargo swooped in with a $15bn agreed bid for the entire company.