Wachovia's Woes Worsen

Wachovia's Woes Worsen

There are 2 comments on the CFO story from Aug 17, 2008, titled Wachovia's Woes Worsen. In it, CFO reports that:

One of three banks targeted by New York's AG, the Charlotte company also reports widening layoffs, a boost in legal loss reserves, and ARS-related negotiations with the SEC and states.

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Livingston, CA

#1 Sep 23, 2008
Good that is what all the banks deserve to go down and God is coming to put an end to the corruption in the Global Economic Upheavel -
Thunder 4 and Revelations ... We are here in the
3.5 years of man in greed and corruption. This kingdom is to end and the money system that exploits into a money driven slave !!!

Livingston, CA

#2 Sep 23, 2008
The banks should be supervised by the government. There is a giantic global meltdown and why is this uncovered until now. After millions of bad loans and loss to banks and the homeowners. There should be a mandated requirement that all these banks help the homeowners stay in their homes. There should be a suspension of payments on arrears, instead they are ignoring the cries and pains of the victims, and pushing them into repayment plans and labeling this workout a loan modification option, and pay enormous mountains of money they do not have. You are making a bankrupt US in demise. These businesses have no business making business. This must end or face a decadence of poverty strick, America nightmare!!! Job loss, war, superinflation, mortgage explosion what is going on here in just a years time. We have seen the end of this mess.

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