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wachovia

Afternoon Quickie 01/27/2009

by phillenbrandJanuary 27, 2009 We're Reading

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Rain City Guide - 2009 is the Brightest Year
Infectious Greed - Quote of the Day: But We Have 67% Less Jets!
Huffington Post - Key Democrat Slams Stimulus, Predicts More Bailouts
Housing Wire - Wells Fargo Extends Modification Access to 478,000 Wachovia Customers

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The Banking Crisis is Over (?) Long Live the Economic Crisis

by MorganOctober 15, 2008 Economy

Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.

If you believe in the United States of America then you will believe in: JPMorgan Chase (which includes Bear Stearns and Washington Mutual); Bank of America (which includes Merrill Lynch); Wells Fargo (which includes Wachovia); Citigroup; Bank of [...]

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Clash of The Titans

by phillenbrandOctober 6, 2008 Mortgage Musings

While smaller players fail in the market, the largest banks and mortgage companies grow bigger.

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Wachovia, Citi and the FDIC or Wachovia, Wells Fargo and the Fed

by MorganOctober 3, 2008 Mortgage News/Insight

A guest post by new Blownmortgage.com contributor, MG Dungan.  MG has gone from Wharton to Wall St. to real estate to Blown Mortgage. 
Whilst all eyes were upon the Bailout negotiations, there was a little changeroo in the Wachovia rescue package.
According to Reuters on October 3, ?Wells Fargo & Co agreed to buy Wachovia Corp. for more [...]

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Wachovia – Time to Bail?

by MorganSeptember 28, 2008 Mortgage Musings

A guest post by new Blownmortgage.com contributor, MG Dungan.  MG has gone from Wharton to Wall St. to real estate to Blown Mortgage. And we’re excited.  I hope you are too.
After last week, and last weekend in particular, we can?t help but wonder who?s next.
Although possibly a ploy to gain passage of the Paulson Bailout Plan, [...]

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I hate to say it, but I told you so about Washington Mutual

by MorganSeptember 26, 2008 Mortgage News/Insight

So the biggest bank failure in the history of our country occurred yesterday and quite frankly was somewhat of a non-event. The quick FDIC step-in and subsequent fire sale to JP Morgan kept bank failure on page two with the $700 billion federal bailout clearly the bigger headline. This is something that hopefully [...]

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Morgan Stanley to China? And other rumors.

by MorganSeptember 18, 2008 Wall Street

Will a majority stake in Morgan Stanley be sold to China?  Brad Setser from the Council of Foriegn Relations weighs in on a report from Reuters about how such a deal between the China Investment Corporation may look.
Reuters is reporting that Morgan Stanley has approached the China Investment Corporation (CIC) for additional capital; it isn?t [...]

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HSBC possible Morgan Stanley suitor

by MorganSeptember 17, 2008 Wall Street

I don’t know how many times I can use the word suitor on this blog but as the rumors swhirl and the Wall Street giants teeter on the brink of extinction suitor is probably the best description of the remaining big depositories who are poking around to see if any potential brides have a limited [...]

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