Search for: "WELLS FARGO FINANCIAL" Results 2121 - 2140 of 2,240
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22 Nov 2008, 11:11 pm
Can it be that the Share Exchange Agreement, which gave Wells Fargo 40% of the voting control over Wachovia stock, is invalid? [read post]
18 Nov 2008, 2:04 am
As it's spun out by Wachovia, one could argue that Wachovia, near financial death, out-negotiated Wells Fargo on this deal. [read post]
15 Nov 2008, 8:06 pm
Citizens for Tax Justice  (CTJ) issued a report on the IRS rulingon November 7th: [W]hile the major presidential candidates debated solutions for reforming the federal corporate income tax, a little-noticed ruling by the Internal Revenue Service (IRS) opened the door for widespread corporate tax avoidance by a few of the biggest, most profitable financial institutions in the country. [read post]
11 Nov 2008, 9:06 am
At least eighteen states that tax corporate profits will likely take a hitfrom the new IRS ruling—and any state that taxes the profits of financial companies is at riskof helping to fund the next bank that chooses to purchase another financial company.With state budgets already going up in flames, this is a problem state lawmakers don't need. [read post]
4 Nov 2008, 2:47 am
For example, Schumer claims that Wells Fargo will save $19.4 billion in federal taxes for its win over Citibank to purchase Wachovia, an amount which surpasses the proposed purchase price. [read post]
4 Nov 2008, 2:05 am
"Wells Fargo, one of the few banks to swim through this mess with little problems, is using $4.4 billion of its $25 billion bailout to hand over to shareholders. [read post]
1 Nov 2008, 10:39 pm
For example, the new ruling will allow Wells Fargo to save $19.4 billion in taxes from their acquisition of Wachovia, according to published reports.The senator is referring to IRS Notice 2008-83, which interprets Section 382 of the Internal Revenue Code, which was enacted by Congress to prevent tax-motivated acquisitions of loss corporations. [read post]
31 Oct 2008, 2:30 pm
Nor does Wells Fargo (WFC) which also filed a TARP-related 8K yesterday. [read post]
31 Oct 2008, 12:30 pm
 Big changes are a commin’ for financial institutions and their legal counsel. [read post]
28 Oct 2008, 6:41 pm
The Plaintiff in the would be class action seeking to enjoin the Wachovia and Wells Fargo merger is pursuing his effort to obtain expedited discovery. [read post]
23 Oct 2008, 12:16 pm
  Over the next few days, we will post the director compensation for Wells Fargo, Freddie Mac, and Fannie Mae (all three written by Joseph Aguilar) and JP Morgan, Citigroup and AIG (all written by Gregg Emmel). [read post]
19 Oct 2008, 9:13 pm
  The top ten subprime loan originators in 2006 were:  HSBC Finance, New Century Financial, Countrywide Financial, Citimortgage, WMC Mortgage, Fremont Investment and Loan, Ameriquest, Option One, Wells Fargo Home Mortgage and First Franklin Financial. [read post]
17 Oct 2008, 5:12 pm
The effect of the issuance of those "super shares" to Wells Fargo will be to essentially to lock up the deal for Wells Fargo. [read post]
15 Oct 2008, 7:37 pm
Morgan Chase, Morgan Stanley, State Street, and Wells Fargo, with the government purchasing preferred share stakes ranging from $2 to $25 billion. [read post]
15 Oct 2008, 4:00 pm
Wells Fargo did not want to be, and did not need to be, bailed out. [read post]
15 Oct 2008, 3:57 pm
During the discussion, the most animated response came from Wells Fargo Chairman Richard Kovacevich, say people present. [read post]
14 Oct 2008, 5:00 pm
Wells Fargo will get $5 billion for its acquisition of Wachovia, and Bank of America the same for amount for its purchase of Merrill Lynch. [read post]
14 Oct 2008, 12:28 pm
Citi, on the other hand, argues in its motion that the EESA provision only applies to acquirers — i.e., it lets Wells Fargo, the so-called bid-jumper, off the hook, but not Wachovia. [read post]
14 Oct 2008, 10:17 am
Some of the Banks in line for government investment: Citigroup, Wells Fargo, JPMorgan Chase, Bank of America, Morgan Stanley, State Street, Merrill Lynch, Bank of New York Mellon and Goldman Sachs. [read post]
14 Oct 2008, 3:04 am
Wells Fargo will get  $5 billion for its acquisition of Wachovia, and Bank of America the same for amount for its purchase of Merrill Lynch.A side note: State Street's CEO wasn't at the meeting where the capital was allocated. [read post]