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Golden West Financial Corp.



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Report: Feds probe Golden West Financial

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Report: Feds probe Golden West Financial

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Report: Feds probe Golden West Financial

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Report: Feds probe Golden West Financial

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Wachovia execs could get $98.1 mln severance

NEW YORK (Reuters) - Wachovia Corp , which lost $33 billion in the last two quarters, said 10 of its top executives may be entitled to as much as $98.1 million in severance pay after the bank is acquired by Wells Fargo & Co .

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    former wachovia employee

    A great follow up story would be how Wachovia has cheated some of their employees out of any severance, myself included

    never trusted them - (not a member) - 24/11/2008

     
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Wachovia Execs May Get $98.1 Million Severance

... of option adjustable-rate mortgages. The bank largely took these on when it bought California’s Golden West Financial Corp in 2006.Wells Fargo agreed on October 3 to buy Wachovia for $15.1 billion in stock, trumping a lower bid by Citigroup. The merger value had fallen to roughly $9.3 billion as of November 21 because Wells Fargo shares had fallen.Wachovia is based in Charlotte, N.C.,...

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Wachovia execs may get $98.1 million severance

NEW YORK (Reuters) - Wachovia Corp , which lost $33 billion in the last two quarters, said 10 top executives may be entitled to $98.1 million in severance pay after the bank is acquired by Wells Fargo & Co .

  • 1 comment
     

    Click here to see all comments

    former wachovia employee

    A great follow up story would be how Wachovia has cheated some of their employees out of any severance, myself included

    never trusted them - (not a member) - 24/11/2008

     
+Vote!

Report: Feds probe Golden West

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Report: Feds probe Golden West

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Report: Feds probe Golden West

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Report: Feds probe Golden West

The Securities and Exchange Commission is investigating whether mortgage giant Golden West Financial Corp. misled borrowers with its lending practices. (WB) (WFC)

+Vote!

Regulators probe Wachovia mortgages

NEW YORK (AP) -- The Department of Justice and the Securities and Exchange Commission are investigating the mortgage lending practices of Wachovia Corp., according to media reports Thursday.Prosecutors are examining whether Golden West Financial Corp., the lender Wachovia bought for $24 billion at the height of the housing boom in October 2006, duped borrowers into expensive loans...

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Government Probes Wachovia Mortgage Lending

By Sara Lepro Related Articles NEW YORK -- The Department of Justice and the Securities and Exchange Commission are investigating the mortgage-lending practices of Wachovia ( - - ), according to media reports Thursday. Prosecutors are examining whether Golden West Financial Corp., the lender Wachovia bought for $24 billion at the height of the housing boom in October 2006, duped borrowers...

+Vote!

U.S. Probes Wachovia Mortgage Lending

By Sara Lepro NEW YORK -- The Department of Justice and the Securities and Exchange Commission are investigating the mortgage-lending practices of Wachovia, according to media reports Thursday. Prosecutors are examining whether Golden West Financial Corp., the lender Wachovia bought for $24 billion at the height of the housing boom in October 2006, duped borrowers into expensive loans...

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N.C. treasurer: Wachovia-Wells deal not fair

N.C. Treasurer Richard Moore has slammed Wells Fargo & Co.’s proposed purchase of Wachovia Corp., calling the deal “highway robbery.” (WFC) (C) (WB) (GM) (F)