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I’m a big language dork, so sue me.

Anyway, Citi has decided that it won’t block the merger of Wachovia and Wells Fargo, but it will sue them for billions of dollars *places pinky to mouth*. The St. Louis Business Journal article (Wachovia swallowed St. Louis based brokerage AG Edwards less than a year ago, so it’s been followed closely here) has some stats on Wellchovia.

The combined company will have $1.42 trillion in assets, $787 billion in deposits, 48 million customers, $258 billion assets under management in mutual funds, 10,761 stores, 12,227 ATMs and 280,000 employees.

280,000 employees? To put that in perspective, they now employ Newark according to Wikipedia. One and a half trillion in assets? I can’t even count that high.

I think we’re getting to a whole new meaning when it comes to too big to fail.

Edit: Original post said Edward Jones was swallowed. Eddie is still among us.