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President Obama & NY Attorney General Cuomo Outraged by AIG
""Taxpayers of this company are now supporting AIG, and they deserve at the very least to know how their money is being spent." Andrew Cuomo, New York Attorney General. " When word got out that AIG, the failed... 20 Most Racist American Cities in 2008...Its Time for Change!
These 20 cities were shamefully inducted into the 2008 Racism Hall of Fame, due to the poor Racial Relations within their regions before, during and pursuant to Obama's Election. I think its time for CHANGE don't... Wachovia Settlement Checks Are Real
Citizens of Pennsylvania have been flooding the state Better Business Bureau with calls about mysterious Wachovia checks they have been receiving in the mail. The $149 checks are real and part of a...Probing Golden West
"NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 billion at the height of the housing boom in 2006.U.S. Attorney Joseph Russoniello told The...
created by MortgageAuditor | 1 year ago | updated 1 year ago
137 views | 0 recommendations | 0 comments
137 views | 0 recommendations | 0 comments
RADIO WRAPPERS AND ACTUALITIES: Rutgers University Quarterly Business Outlook...
New Jersey Radio News Directors, Note: The Rutgers University Quarterly Business Outlook was held in Cherry Hill on Tuesday October 21, 2008. Panelists were TD Commerce Bank Economist Joel Naroff; Mindy Holman,...Fed clears Wachovia bank takeover by Wells Fargo
Today US Feed cleared the takeover bid of Wacovia by by Wells Fargo, The deal amount is $12 bn. " The decision formally makes Wells Fargo the winner in a bitter battle for one of America's largest banks. The...Wachovia says it will press ahead with Wells Deal
"Wachovia says it will press ahead with Wells deal"" NEW YORK (AP) -- Wachovia Corp., at the center of a fight between Wells Fargo & Co. and Citigroup Inc. over who will buy the beleaugered bank, is...Wachovia faced a ‘silent' bank run
" Wachovia faced a ‘silent' bank run Fearing a loss of funding over the weekend, the FDIC forced the sale."" On Friday, with its stock plunging 27 percent, Wachovia experienced a “silent run” on...Wells Fargo Buys Wachovia for $15.1 Billion
Though previously reported to be in buyout talks with CitiGroup, Wachovia Bank will be purchased by Wells Fargo & Co. without bailout assistance from the FDIC. Wachovia's website confirms the deal in a press release."The Wells Fargo offer is for $7 a share in stock, based... Stocks Fall in Asia after US Bailout Failure
Japan's Nikkei stock index fell almost 5% today in early trading, just hours after the US House of Representatives voted down the $700 billion Wall Street bailout plan and the DJI fell a record-breaking 777 points."It came after a day of turmoil in the US and Europe, with...
created by Terri Potratz | 1 year ago | updated 1 year ago
152 views | 26 recommendations | 10 comments
152 views | 26 recommendations | 10 comments
Citigroup to buy Wachovia banking operations
"Citigroup to buy Wachovia banking operations"" NEW YORK - In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking... Wall Street Bailout Vote Fails
The $700 billion bailout bill failed to get enough votes, leaving markets in disarray Monday afternoon. 205 have voted Yea and 228 have voted Nay. At least 218 votes are required to pass the bill. The House has... it's like when justin left...
"today, as the turmoil continues in the financial sector, we learn about another end--the end of morgan stanley and goldman sachs as independent investment banks. late last night as the writing on the wall became glow in the dark, the firms voluntarily agreed to become bank...Wachovia Cuts Could Deal St. Louis Second Blow
Wachovia Corp. officials announced in a news release today that the company would cut dividends and jobs — 6,350 in all — after suffering nearly $9 billion in second-quarter losses tied primarily to the... Batman Busted: Christian Bale Accused of Assaulting Mom, Sister
Update: Fox News now has a "photo essay" up on this story.This is a very strange story from the entertainment world."Batman star Christian Bale was to be questioned by police over allegations he assaulted his...
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