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8 Dec 2008, 12:50 am
"   A December 6, 2008 Charlotte Observer article describing the ruling in the Wachovia case can be found here. [read post]
24 Nov 2008, 5:26 am
  That's after Citi, as in its scotched Wachovia deal, takes the hit on the first $29 billion. [read post]
11 Nov 2008, 4:01 am
Nevertheless, the laid-off, stressed-out, auto worker or former Wachovia bank teller, and even Mr. and Ms. [read post]
6 Nov 2008, 6:46 pm
Isaac said FAS 157 has been "destructive of bank capital" and noted the significant losses suffered by investors at Washington Mutual, Wachovia, and other banks. [read post]
5 Nov 2008, 8:27 am
Aguirre's loss will probably mean the end of the city's bad-mortgage lawsuits against Countrywide, Wachovia and Washington Mutual since Goldsmith has promised a more restrained approach to running the office. [read post]
4 Nov 2008, 4:12 am
., Wachovia, Sovereign Bancorp and National City) were severely impaired, and very large. [read post]
4 Nov 2008, 2:47 am
All banks, including credit card companies, industrial loan companies, trust companies and thrifts (used for mortgages) are included. [read post]
24 Oct 2008, 9:28 pm
• Credit Suisse wrote-down $2.06 billion on mortgage securities and buyout loans in the third quarter. [read post]
23 Oct 2008, 3:19 am
On the other hand, it may also be argued that the problems Fortis faced are simply the result of the subprime mortgage exposure and subprime-related investments of the company it acquired, much the same as, for example, Wachovia was exposed to the subprime-related problems from Golden West, which Wachovia acquired. [read post]
20 Oct 2008, 8:20 pm
Wachovia-style, to such brokers, provided they had some nexus of affiliation to banks? [read post]
18 Oct 2008, 12:34 am
We tried some direct government lending support for faltering institutions: AIG, discount window lending to investment banks, government support for JPM purchase of Bear Stearns, FDIC guarantee of Citi's planned purchase of Wachovia. [read post]
16 Oct 2008, 1:00 pm
Aguirre, meanwhile, has sued two more mortgage lenders, Wachovia and Washington Mutual in hopes, he said, of enticing them to provide similar help to troubled borrowers. [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]
12 Oct 2008, 1:44 pm
March, Senior Vice President, Investments, The March Group of Wachovia Securities. [read post]
8 Oct 2008, 8:38 am
Michelle Malkin suspects that NBC was subject to political or legal pressure, possibly from Herbert and Marion Sandler, a couple portrayed in the skit who owned a mortgage company that aggressively promoted subprime mortgages and was sold to Wachovia for over $20 billion in 2006. [read post]
7 Oct 2008, 12:51 am
Todd Smith in his Texas Appellate Law Blog Bank of America taken to Woodshed over Mortgages - Orange County lawyer Aaron Morris on his Business Law Report Marketing a Law Firm is About Forging Connections - Small business coach Stephen Fairley of The Rainmaker Institute in The Rainmaker Blog The Battle Between Citigroup And Wells Fargo For Wachovia Comes To North Carolina - Greensboro attorney Mack Sperling of Brooks Pierce at his blog, the North Carolina Business… [read post]
6 Oct 2008, 2:16 pm
  Some say the magnitude of losses Wachovia will have to take due to mortgage defaults is grossly overstated, so the FDIC might not have to backstop anything. [read post]
3 Oct 2008, 6:33 pm
Federal Reserve will lose as much as $6 billion on mortgage backed securities it took over from Bear Stearns. [read post]