Wachovia workers under investigation

Story date: 2008-02-28 11:52:00
Added on: 2008-02-29 00:16:28

Raleigh News & Observer - ... debt obligations, a complex security often backed by subprime mortgage loans, or loans given to customers with poor credit histories. Citing "rapidly changing conditions in the housing markets," the bank said Thursday that its expense for bad loans ...


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