Wachovia's mistake spotlights Countrywide deal - Baltimore Sun

Story date: 2008-06-03 10:29:00
Added on: 2008-06-03 23:02:15

CHARLOTTE, N.C. - It's the most basic rule of investing: Buy low, sell high. Former Wachovia Corp. chief executive Ken Thompson couldn't escape his disastrous decision to buy Golden West Financial Corp. for roughly $25 billion at the height of the ...


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