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Raid On Wachovia!

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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.