The collapse of Washington Mutual and the FDIC-engineered fire sale to JPMorgan Chase has people worried — about Wachovia. Wachovia’s stock is down 45% for the week, and 27% today as bailout talks stalled in Washington and WaMu held a garage sale at the FDIC.
Now That The Largest Bank Failure In U.S. History Is Over, Is Wachovia Next?
By September 26, 2008
