Email This Article
TheStreet Picks
Wachovia Exposes Warts Before Wells Wedding Day
By
Laurie Kulikowski
10/22/08 - 03:39 PM EDT
Wachovia reported a miserable third quarter in which cumulative losses on its soured option adjustable-rate mortgage portfolio nearly doubled, as the bank sought to lay out its warts ahead of its merger with Wells Fargo.
The information entered on this page will not be used to send unsolicited email and will not be sold to a 3rd party.
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 34.91 |
Oil *
77.05
|
|
UP
17.46
|
UP
2.67
|
UP
7.12
|
DOWN
0.12
|
10 Yr
3.49%
SPDR Gold
107.43
|
|
+0.17%
|
+0.25%
|
+0.34%
|
-0.34%
|
Data delayed 20 minutes |


Connect with TheStreet