Wachovia is way more in – Piggington's Econo-Almanac

July 15, 2008 at 11:15 AM #239627

Participant

Wachovia is way more in trouble than WaMu

NEW YORK (AP) — The situation is increasingly bleak for Wachovia Corp. and the bank’s mortgage portfolio will continue to lose value, “seriously jeopardizing” the company’s ability to generate earnings, an influential analyst warned on Tuesday….

http://biz.yahoo.com/ap/080715/banks.html?.v=5