Dumb ass Wachovia paid over 30 Billion for Golden West and ts commie owners Simon brothers gave them 64% of their mortgages that are now resetting.
I heard something on the radio tonight. I live in metro DC area on WMAL Rick Edledman, financial guru, had a special about the “crises”.
He said a family had all of their retirement, plus their kid’s college fund, in Wachovia stock. All $500,000 of it.