Tag Archives: Wachovia

The U.S. House Passes Bailout

Posted on October 3, 2008 by drjim

Here are Some Bailout Bill Details Well as predicted here, the bailout bill has been passed by Congress. Just four days after the defeat of President Bush’s financial bailout package in Congress, the House of Representatives gave the revamped plan … Continue reading →

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What Does FDIC Deposit Insurance Cover?

Posted on September 26, 2008 by drjim

We all remember the “run” on the savings and loan in the movie “It’s a Wonderful Life“.  This is basically what happened that forced the Feds to take over WAMU.  Washington Mutual, which was bought by JP Morgan after being … Continue reading →

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Part 2 – Wachovia to Pay $144M Settlement

Posted on April 26, 2008 by drjim

Part 2 Wachovia to pay $144M settlementFederal regulators accuse the Charlotte, N.C.-based bank of not acting quickly enough to protect customers from telemarketers. Last Updated: April 25, 2008: 5:44 PM EDT _______ Here is a Court Document on one of … Continue reading →

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