North Carolina

Latest Posts

Fitch Mulls Downgrade of Wachovia over Option ARMs 

Jun 28, 2008By

The infamous Pick-a-Pay is coming home to roost at Wachovia Corp. [stock WB][/stock], with Fitch Ratings warning on Friday of a likely downgrade to the Charlotte, North Carolina-based bank over concern about the company’s mortgage exposure. It’s a warning that some insiders told HW Friday afternoon was long overdue.

What's New?
Updated 2 months ago
manage feed