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1 Sep 2011, 3:27 am by Seth Leventhal
Scott got mortgage loans from World Savings Bank, which failed/was bought by Wachovia, which failed/was bought by Wells Fargo. 2009 was a rough year for Scott economically as for many of us and he defaulted on two mortgage … Continue reading ? [read post]
10 Oct 2008, 11:30 am
One of the biggest showdowns on Wall Street ended with a whimper Thursday when Citigroup walked away from efforts to block a deal between Wachovia and Wells Fargo, paving the way for a merger that would concentrate power within the American banking industry to just a few firms. [read post]
28 Sep 2009, 4:50 pm
Regular Citi litigation counsel Paul Weiss doesn't like to sue other banks, so Citi has tapped Greg Joseph, whom it previously called upon in the litigation over its aborted Wachovia deal. [read post]
19 Aug 2008, 12:15 pm
  Merrill considered offering itself to Wachovia, although ultimately the board stopped the overtures. [read post]
7 Oct 2008, 9:06 am
Citigroup, which announced on Sept. 29 that it had received federal government backing to acquire the banking assets of Wachovia Corp. for $2.1 billion, or the equivalent of about $1 a share, said it would appeal the decision. [read post]
7 Nov 2007, 6:47 am
When speculation about a buyer for Bear Stearns cropped up a few months ago, several possibilities were mentioned, including a Chinese bank, Wachovia and even Warren E. [read post]
6 Mar 2009, 7:00 am
In doing so, it followed the leads of Bank of [...] [read post]
3 Oct 2008, 9:19 pm
But legal insiders are busy blaming people for the aborted merger between the two commercial banks. [read post]
15 Aug 2009, 9:15 am
In a press release on the ARS agreement with Wachovia, Pennsylvania Securities Commissioner Steven Irwin said the bank "marketed and sold these securities as safe, liquid and cash-like investments when, in fact, they were long-term investments subject to a complex auction process that failed in early 2008, leading to illiquidity and lower interest rates for investors. [read post]
16 Jul 2008, 5:51 pm
With the recent failure of IndyMac Bank and even large banks like Wachovia reporting astounding losses, some folks are becoming increasingly concerned about the safety of their money. [read post]
15 Jan 2007, 12:33 pm
Citigroup, JP Morgan, Wachovia and Washington Mutual have met with the White House to protest against the new international capital standards to be implemented in one year's time, the Wall Street Journal reports. [read post]
1 Nov 2010, 8:11 am by atussey@mortgagefraudblog.com
Sixto Figueroa, 58, his wife Susy Figueroa, 45, Rolando Herrera, 64, and Manuel Garcia, 41, all of Miami, Florida, were all found guilty of participating in a mortgage fraud scheme that resulted in the issuance of $832,118 in mortgage loans from Wachovia Bank. [read post]
1 Nov 2010, 2:30 am by atussey@mortgagefraudblog.com
Sixto Figueroa, 58, his wife Susy Figueroa, 45, Rolando Herrera, 64, and Manuel Garcia, 41, all of Miami, Florida, were all found guilty of participating in a mortgage fraud scheme that resulted in the issuance of $832,118 in mortgage loans from Wachovia Bank. [read post]