Wachovia Corp.

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wachovia corp. and washington mutual inc. - All News and Analysis

• Even WaMu, Citi/Wachovia Are Firing Up Ads to Reassure Customers

  BNET - 2008-10-07

  The sagging print news media industry is getting a bump from another badly troubled sector -- financial services. This morning the WSJ's front section had five full- or quarter-page advertisements trying to reassure investors that all is well. Prudential touted its 133 years of managing risk. Fidelity...

  Tags: Firing, Advertisement, Washington Mutual Inc., Wachovia Corp., Citigroup Inc., NYT, Peter Galuszka

• Buyouts and Shakeups: How the Financial World Is Changing

  Seeking Alpha - 2008-09-17

  Markham Lee submits: Obviously, the world of banking/finance has changed dramatically in the last 12-14 months, so let's quickly look at the major changes: The Mortgage GSEs are now under government control, and their shares are now trading for pennies on the pink sheets....

  Tags: American International Group Inc., Bank of America Corp., Financial, Goldman Sachs Group Inc., Lehman Brothers Holdings Inc., Merrill Lynch & Co. Inc., Morgan Stanley, Wachovia Corp., Washington Mutual Inc.

• Financial Landscape: Writedowns, Losses and Capital Raised

  Seeking Alpha - 2008-09-17

  Market Folly submits: Amid all the financial chaos, I thought it would be a good idea to post up a simple chart breaking down the financial landscape in terms of writedowns, losses, and capital raised. From Bloomberg, you'll see how institutions are looking in terms of raw numbers: writedowns/losses versus...

  Tags: Bank of America Corp., Barclays Plc., Canadian Imperial Bank, Citigroup Inc., Coles Myer, Deutsche Bank AG, E*Trade Financial Corp., Financial, Goldman Sachs Group Inc., HBOS Plc., HSBC Holdings Plc., IndyMac Bancorp Inc., J.P. Morgan Chase & Co., KeyCorp, Lehman Brothers Holdings Inc., Merrill Lynch & Co. Inc., Morgan Stanley, National City Corp., UBS AG, Wachovia Corp., Washington Mutual Inc., Wells Fargo & Co.

• Profit Plays for the End of the 'Fail-and Bail' Cycle

  Seeking Alpha - 2008-09-16

  Martin Hutchinson submits: It was a rough weekend for the U.S. financial system. Investment banker Lehman Brothers Holdings Inc. LEH collapsed and, as I predicted last week, the problems were not confined to Lehman. As Money Morning detailed Monday, Merrill Lynch & Co. Inc. MER has...

  Tags: American International Group Inc., Bank of America Corp., Citigroup Inc., Financial, Goldman Sachs Group Inc., Lehman Brothers Holdings Inc., Merrill Lynch & Co. Inc., Morgan Stanley, Wachovia Corp., Washington Mutual Inc.

• The U.S. on the Precipice

  Seeking Alpha - 2008-09-15

  James Quinn submits: September 7, 2008, the 10th anniversary of the Federal Reserve arranged bailout of the infamous hedge fund Long-Term Capital, is now a more infamous date. This is the day that our government chose socialism over free market capitalism. Our elected leaders increased the national debt from $9.6...

  Tags: Financial, US Market, American International Group Inc., Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc., Merrill Lynch & Co. Inc., Wachovia Corp., Washington Mutual Inc.

• Lehman Is Just the Thin Edge of the Wedge

  Seeking Alpha - 2008-09-14

  Bill Cara submits: [The following is excerpted from Bill Cara's Week-in-Review] Last week was all about the probable demise of Lehman Brothers LEH and the questions and concerns of traders as to how the monetary authorities and banking industry would resolve it. by Bill Cara

  Tags: Financial, American International Group Inc., Merrill Lynch & Co. Inc., Wachovia Corp., Washington Mutual Inc.

• Go for the Gold

  Seeking Alpha - 2008-09-14

  Nicholas Jones submits: This past couple of weeks have felt like an eternity when it comes to noteworthy occurrences in financial markets. We’ve marked out 10th IndyMac and 11th FDIC bank rescue. As a result of the escalating number of troubled banks and diminishing value of the assets...

  Tags: Financial, Citigroup Inc., Ford Motor Co., General Motors Corp., KeyCorp, Lehman Brothers Holdings Inc., Merrill Lynch & Co. Inc., Morgan Stanley, National City Corp., Wachovia Corp., Washington Mutual Inc., Zions Bancorporation

• S&P 500 Financials - Best and Worst of the Week

  Seeking Alpha - 2008-09-12

  Hickey and Walters Bespoke submit: While some Financial stocks have been dealing with their fair share of turmoil this week, the sector itself hasn't had that bad of a week.  As shown in the chart below, while the sector has come in some this week, it's still well...

  Tags: US Market, American International Group Inc., BB&T Corp., CB Richard Ellis Group Inc., Comerica Inc., CME Group Inc., Host Hotels & Resorts Inc., IntercontinentalExchange Inc., Lehman Brothers Holdings Inc., Legg Mason Inc., MBIA Inc., Merrill Lynch & Co. Inc., MGIC Investment Corp., Northern Trust Corp., Principal Financial Group, SLM Corp., Wachovia Corp., Wells Fargo & Co., Washington Mutual Inc., Zions Bancorporation

• Chewing on the FDIC List of 'Problem' Banks

  Seeking Alpha - 2008-09-09

  Edward Harrison submits: I was recently called out on missing the details of the FDIC's list of 117 'problem' banks. In a post on the OTS' agreement for regulatory supervision of Washington Mutual WM, I incorrectly stated that National City NCC was on that list and inferred that WaMu...

  Tags: Washington Mutual Inc., Financial, Corus Bankshares Inc., Flagstar Bancorp Inc., KeyCorp, National City Corp., Wachovia Corp., Zions Bancorporation

• Stunning Reversals: Is This a Market or a Casino?

  Seeking Alpha - 2008-09-08

  Michael Shedlock submits: I went to bed at 4:00 AM.At the time....Treasuries were absolutely getting crucifiedThe Dollar was sinking vs. the EuroNasdaq Futures were up 40 pointsS&P Futures were up 38 pointsGold was soaring At 10:30 AM by Michael Shedlock

  Tags: US Market, Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc., Merrill Lynch & Co. Inc., Wachovia Corp., Washington Mutual Inc.