VAULT RANKINGS 2009
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"Prestige is rising"
"Another corporate giant trying to catch Bank of America"
"Expanding out West; has done a good job aligning businesses and formulating a new company model"
NEWS AND UPDATES
ABOUT THIS COMPANY:Not so golden?
In November 2008, the Securities and Exchange Commission opened an investigation into Wachovia Corp.'s mortgage lending practices and disclosures to its investors. The probe is seeking to uncover whether Golden West Financial, which Wachovia purchased for $24 billion in 2006, urged customers into costly loans and modified paperwork to get the loans approved.
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