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Old 07-17-2008, 01:15 PM
 
485 posts, read 1,805,467 times
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Wachovia has just been raided by the Feds-about five minutes ago.
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Old 07-17-2008, 01:24 PM
 
Location: Fort Worth, Texas
10,739 posts, read 32,411,463 times
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Quote:
Originally Posted by krakenten View Post
Wachovia has just been raided by the Feds-about five minutes ago.
What do you mean raided?

AND how do you know?
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Old 07-17-2008, 01:26 PM
 
Location: The Frenchie Farm, Where We Grow 'em Big!
2,078 posts, read 5,743,413 times
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Another Indy-Mac scenerio!!!!
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Old 07-17-2008, 01:26 PM
 
26,662 posts, read 40,645,423 times
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Report: Wachovia Raided by State Regulators

Report: Wachovia Raided by State Regulators - FOXBusiness.com (http://www.foxbusiness.com/story/markets/industries/finance/wachovia-raided-state-regulators/ - broken link)
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Old 07-17-2008, 01:28 PM
 
485 posts, read 1,805,467 times
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It was on NPR-that's all I know.
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Old 07-17-2008, 01:28 PM
 
Location: PA -> Denver, CO
205 posts, read 751,248 times
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yeah, any more info on this?!
those people have (some of) my money!!
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Old 07-17-2008, 01:28 PM
 
Location: Sarasota, Florida
3,412 posts, read 9,371,552 times
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I'll give them about 9 month to either be sold or close their lending dept. I also see Chase sign coming up!

Last edited by ShepsMom; 07-17-2008 at 01:38 PM..
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Old 07-17-2008, 01:30 PM
 
Location: The Frenchie Farm, Where We Grow 'em Big!
2,078 posts, read 5,743,413 times
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It's at the securities HQ at St. Loius
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Old 07-17-2008, 01:31 PM
 
485 posts, read 1,805,467 times
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The Fox report is much more detailed.

NPR has some of the best journalism out there.
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Old 07-17-2008, 01:43 PM
 
26,662 posts, read 40,645,423 times
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Just a little bit more time before the first people will get arrested I guess.
Jimmyrocks...don't worry if you only have a little bit of money (under $ 100K) and it is legal money, than you don't have to worry, otherwise...keep your fingers crossed, but i guess if it wasn't legal you wouldn't have written it on a blog.
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