Ten state securities regulators just showed up at Wachovia's St. Louis headquarters, reportedly seeking documents on auction rate securities sales and marketing practices. Today's "on-site investigation" follows over seventy formal complaints and Wachovia's failure to comply with requests for information. If you're readng this in STL and they haven't gotten to your floor yet, start shredding and hide the marshmallows.
Raid On Wachovia!
Posted by Bess Levin, Jul 17, 2008, 11:20am
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Posted by guest , Jul 17, 2008 11:30AM
everybody up against the wall...better yet grab your ankles for me
Posted by guest , Jul 17, 2008 11:43AM
Too bad for the police that erin callan doesn't work there. I would definitely tell her to spread 'em.
Posted by guest , Jul 17, 2008 11:47AM
Wachovia needs to merge with the St. Lunatics in order to survive
Posted by guest , Jul 17, 2008 11:51AM
Gimpy Impy smells like hot dog water ...
Posted by guest , Jul 17, 2008 11:51AM
Posted by guest, Jul 17, 2008 11:47AM
St. Lunatics needs to merge with the Wachovia in order to survive
Posted by guest , Jul 17, 2008 11:55AM
@11:47
LOL
-11:54
Posted by Anal_yst , Jul 17, 2008 11:57AM
Some got jobs, some sell yay, others just sell ARS all day?
Posted by guest , Jul 17, 2008 12:03PM
"I play my styles raw and I'm righteous above the law"
Posted by blndebnker , Jul 17, 2008 12:04PM
Are the St. Lunatics still around? Nelly is just barely hanging in.
Posted by guest , Jul 17, 2008 12:07PM
I got my own doghouse, own thrown, own bone. She like my bizza, my bad, lil' dawg. You Lunatics - and that's what I be sayin bout y'all Hell, not an MD but I'm always on call And I got a stick for ya guaranteed not to stall
Posted by guest , Jul 17, 2008 12:07PM
For hating on Wachovia's franchise so much you sure put them in your headlines often. Could it be that one (or several) Dealbreaker writers are ex-Wachovians? Or perhaps were spurned in the interview process for flop-tops?
Posted by guest , Jul 17, 2008 12:10PM
blnde,
is Wachovia still around?
- 11:47
Posted by blndebnker , Jul 17, 2008 12:12PM
11:47 - Good point.
Posted by CNote , Jul 17, 2008 12:13PM
@12:07 - or it could just be that they're one of the country's largest banking conglomerates and are constantly screwing anything and everything up...
"How do you make a small fortune? Take a large fortune and dump it in the Cali Mortgage Market..."
Posted by guest , Jul 17, 2008 12:13PM
@12:07
Who doesn't like watching a train wreck?
Posted by guest , Jul 17, 2008 12:18PM
Dude I love these ARS.
We value them downtown, making so much money with all these guys blowing up.
Posted by diablo , Jul 17, 2008 12:19PM
The steel man will take care of it.
Posted by guest , Jul 17, 2008 12:30PM
Too bad they don't have G. Kennedy to kick around anymore...
Posted by FUNdamental , Jul 17, 2008 12:41PM
The first ever panty raid in the history of market regulation.
Posted by guest , Jul 17, 2008 12:47PM
@FUN
So what you saying? Wachovia is run by a bunch of bitches?
Posted by guest , Jul 17, 2008 12:51PM
FACE!
Posted by FUNdamental , Jul 17, 2008 1:04PM
@1247 - nooooo, what I was trying to say is wachovia has a number of men that enjoy wearing lacy undergarments.
Posted by CNote , Jul 17, 2008 1:11PM
Just cause they're men doesn't mean they're not bitches...
Posted by guest , Jul 17, 2008 1:21PM
maybe it makes them feel pretty?
Posted by michange , Jul 17, 2008 2:05PM
Ten Kenu Reeves duplicants assaulting marshmallows team builders in St Louis... dou you think they had the Wachovia fanfare playing 'Ghostbusters theme' along?
Posted by Judson_Clark , Jul 17, 2008 2:10PM
Shouldn't have laid off ol' Judson! AG Edwards for life!
Posted by guest , Jul 17, 2008 2:14PM
I love how DB beat CNN by 3 hours. The news alert about the raid just hit cnn.com.
Posted by guest , Jul 17, 2008 2:14PM
I love how DB beat CNN by 3 hours. The news alert about the raid just hit cnn.com.
Posted by michange , Jul 17, 2008 2:18PM
Oh, I see. Ten Keanu Reeves duplicants assaulting corpophile marshmallow team-builders just before they successfully facesit innocent backoffice personnel in St Louis...
Dou you think they had the Wachovia fanfare along, playing 'Ghostbusters theme'?
Posted by michange , Jul 17, 2008 2:18PM
Oh, I see. Ten Keanu Reeves duplicants assaulting corpophile marshmallow team-builders just before they successfully facesit innocent backoffice personnel in St Louis...
Dou you think they had the Wachovia fanfare along, playing 'Ghostbusters theme'?
Posted by guest , Jul 17, 2008 3:01PM
I misread that as pantRy raid and still cracked up thining about marshmallows, graham crackers and hershey bars.
~LexSteelz
Posted by guest , Jul 17, 2008 4:47PM
That would be Wachovia Securities....ole Danny Ludemans gots some splanin to do
Posted by guest , Jul 17, 2008 8:17PM
They should do the right thing and change the name back to First Union.
Posted by guest , Jul 17, 2008 8:21PM
what's the name of that due from enron who killed himself?
he's about to get a whole of company.
massive hedge fund regulation on the way.
Posted by guest , Jul 17, 2008 8:21PM
what's the name of that due from enron who killed himself?
he's about to get a whole lot of company.
massive hedge fund regulation on the way.