New Mexico

Latest Posts

In the Crosshairs: Wachovia Corp. 

Aug 24, 2007By

Get thee to court: Wachovia Corporation’s exposure to the mortgage mess is getting plenty of attention today — perhaps the most interesting item is a Wall Street Journal story that says that the nation’s fourth-largest bank is suing Thornburg Mortgage for $5.1 million: Wachovia Corp.’s banking unit has sued Thornburg Mortgage Inc., alleging the mortgage provider hasn’t returned $5.1 million from an unwound series of derivatives transactions.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please