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Wachovia Corp.

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Top Wachovia Corp. Articles

Displaying items 12-22
  • Maverick investor faces legal pressure

    Maverick investor faces legal pressure
    Two decades ago, he was one of three young traders who made $27 million in 22 days trading the stock of a bankrupt company on the Chicago Stock Exchange, becoming known as one of "the bad boys of arbitrage." Assessing that deal, a federal appeals...
  • 5 years after financial crash, many losers — and some big winners

    Never let a crisis go to waste, says an old rule of politics. For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
  • U.S. sues BofA over mortgage-backed securities

    In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans." The civil suits,...
  • Man convicted of murdering old friend he found on Facebook

    Man convicted of murdering old friend he found on Facebook
    Kenneth Todd Brunetti and Lois Jean Vance Smyth rekindled a high school friendship after finding each other on Facebook two years ago. Just a few months later, Brunetti shot Smyth in the head and left her for dead in Leakin Park. After the killing,...
  • Will Wall Street prevail?

    Will Wall Street prevail?
    Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...
  • Wells Fargo agrees to pay $175M settlement in pricing discrimination suit

    Wells Fargo agrees to pay $175M settlement in pricing discrimination suit
    About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices. Under the terms...
  • Bank robber sentenced to 12 years in two city holdups

    A 50-year-old man who threatened to shoot patrons and tellers while robbing two Baltimore banks within a block of each other near Johns Hopkins Hospital was sentenced Thursday to 12 years in prison. George Jordan, of Baltimore, admitted in U.S....
  • Marion Sandler dies at 81; World Savings Bank executive

    Marion Sandler dies at 81; World Savings Bank executive
    As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...
  • Alan Grayson wins $852,000 award in case alleging “Ponzi scheme”

     
    Former U.S. congressman Alan Grayson has won $852,000 in a federal securities case he claimed involved a “Ponzi scheme” that had defrauded him and other investors of up to $1 billion. That’s the good news for Grayson. The bad news for...
  • S. Florida sign company builds on its success

    S. Florida sign company builds on its success
    Jeff and Jim Adinolfe are feeling pretty good about the little company they started 20 years ago in Lake Worth. They can look back on their work — including on opening day at the Miami Marlins ballpark — to see they've come a long way. Their...
  • Union-led rally targets Pasadena's '1%'

    Union-led rally targets Pasadena's '1%'
    Taking a cue from the Occupy movement, economic justice activists and union members gathered Tuesday outside the Pasadena home of Wells Fargo board member Enrique Hernandez Jr. to call for increased corporate taxes and an end to home foreclosures by the...