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Wachovia St. Louis headquarters raided

Started by morganb · 11 months ago

Securities regulators have raided the St. Louis headquarters of Wachovia to investigate the company’s actions  around their issuance of auction rate securities (h/t Don) .  The regulators are looking particularly hard at how the company valued and marketed the securities which have caused more than 70 complaints filed with the state from investors that have [...] ... Continue reading »

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