• 17 Jul 2008 at 11:20 AM

Raid On Wachovia!

By Bess Levin

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.

Comments (35)

  1. 1
    Posted by guest | July 17, 2008 at 11:30 AM

    everybody up against the wall…better yet grab your ankles for me

  2. 2
    Posted by guest | July 17, 2008 at 11:43 AM

    Too bad for the police that erin callan doesn’t work there. I would definitely tell her to spread ‘em.

  3. 3
    Posted by guest | July 17, 2008 at 11:47 AM

    Wachovia needs to merge with the St. Lunatics in order to survive

  4. 4
    Posted by guest | July 17, 2008 at 11:51 AM

    Gimpy Impy smells like hot dog water …

  5. 5
    Posted by guest | July 17, 2008 at 11:51 AM

    Posted by guest, Jul 17, 2008 11:47AM
    St. Lunatics needs to merge with the Wachovia in order to survive

  6. 6
    Posted by guest | July 17, 2008 at 11:55 AM

    @11:47
    LOL
    -11:54

  7. 7
    Posted by Anal_yst | July 17, 2008 at 11:57 AM

    Some got jobs, some sell yay, others just sell ARS all day?

  8. 8
    Posted by guest | July 17, 2008 at 12:03 PM

    “I play my styles raw and I’m righteous above the law”

  9. 9
    Posted by blndebnker | July 17, 2008 at 12:04 PM

    Are the St. Lunatics still around? Nelly is just barely hanging in.

  10. 10
    Posted by guest | July 17, 2008 at 12:07 PM

    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

  11. 11
    Posted by guest | July 17, 2008 at 12:07 PM

    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?

  12. 12
    Posted by guest | July 17, 2008 at 12:10 PM

    blnde,
    is Wachovia still around?
    - 11:47

  13. 13
    Posted by blndebnker | July 17, 2008 at 12:12 PM

    11:47 – Good point.

  14. 14
    Posted by CNote | July 17, 2008 at 12:13 PM

    @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…”

  15. 15
    Posted by guest | July 17, 2008 at 12:13 PM

    @12:07
    Who doesn’t like watching a train wreck?

  16. 16
    Posted by guest | July 17, 2008 at 12:18 PM

    Dude I love these ARS.
    We value them downtown, making so much money with all these guys blowing up.

  17. 17
    Posted by diablo | July 17, 2008 at 12:19 PM

    The steel man will take care of it.

  18. 18
    Posted by guest | July 17, 2008 at 12:30 PM

    Too bad they don’t have G. Kennedy to kick around anymore…

  19. 19
    Posted by FUNdamental | July 17, 2008 at 12:41 PM

    The first ever panty raid in the history of market regulation.

  20. 20
    Posted by guest | July 17, 2008 at 12:47 PM

    @FUN
    So what you saying? Wachovia is run by a bunch of bitches?

  21. 21
    Posted by guest | July 17, 2008 at 12:51 PM

    FACE!

  22. 22
    Posted by FUNdamental | July 17, 2008 at 1:04 PM

    @1247 – nooooo, what I was trying to say is wachovia has a number of men that enjoy wearing lacy undergarments.

  23. 23
    Posted by CNote | July 17, 2008 at 1:11 PM

    Just cause they’re men doesn’t mean they’re not bitches…

  24. 24
    Posted by guest | July 17, 2008 at 1:21 PM

    maybe it makes them feel pretty?

  25. 25
    Posted by michange | July 17, 2008 at 2:05 PM

    Ten Kenu Reeves duplicants assaulting marshmallows team builders in St Louis… dou you think they had the Wachovia fanfare playing ‘Ghostbusters theme’ along?

  26. 26
    Posted by Judson_Clark | July 17, 2008 at 2:10 PM

    Shouldn’t have laid off ol’ Judson! AG Edwards for life!

  27. 27
    Posted by guest | July 17, 2008 at 2:14 PM

    I love how DB beat CNN by 3 hours. The news alert about the raid just hit cnn.com.

  28. 28
    Posted by guest | July 17, 2008 at 2:14 PM

    I love how DB beat CNN by 3 hours. The news alert about the raid just hit cnn.com.

  29. 29
    Posted by michange | July 17, 2008 at 2:18 PM

    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’?

  30. 30
    Posted by michange | July 17, 2008 at 2:18 PM

    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’?

  31. 31
    Posted by guest | July 17, 2008 at 3:01 PM

    I misread that as pantRy raid and still cracked up thining about marshmallows, graham crackers and hershey bars.
    ~LexSteelz

  32. 32
    Posted by guest | July 17, 2008 at 4:47 PM

    That would be Wachovia Securities….ole Danny Ludemans gots some splanin to do

  33. 33
    Posted by guest | July 17, 2008 at 8:17 PM

    They should do the right thing and change the name back to First Union.

  34. 34
    Posted by guest | July 17, 2008 at 8:21 PM

    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.

  35. 35
    Posted by guest | July 17, 2008 at 8:21 PM

    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.

Leave a comment

You can log in with your account or comment as a guest below.

   or