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Wachovia Bank

Ex-Wachovia Executive Get Six Years In Prison For Billing Scam

Posted 09.01.2011 | Business

(AP) CHARLOTTE, N.C. — A former Wachovia Bank vice president will spend nearly six years in federal prison and have to pay roughly $13 million after...

SBA's Stimulus Lending is Tainted by Political Meddling

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

The credit markets are improving and the banks can sell the guaranteed portion of their SBA loans at premiums closer to what they got before the financial meltdown.

Wachovia Papers Prove Bank Knew About Frauds

New York Times | Charles Duhigg | Posted 05.25.2011 | Business

Last spring, Wachovia bank was accused in a lawsuit of allowing fraudulent telemarketers to use the bank's accounts to steal millions of dollars from ...