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Old 07-18-2008, 09:52 AM
Oh, yeah!
 
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Default News, Missouri regulators raid Wachovia

Investors in Wachovia (WB) just got something else to worry about. State regulators raided the bank’s St. Louis office Thursday, The Wall Street Journal reports, to demand documents tied to the company’s sales of a once-popular investment known as auction-rate securities.

FORTUNE: Daily Briefing Missouri regulators raid Wachovia «
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