Replies

Lucky Jamie Gorelick. She made millions by arranging for people with poor credit histories and no income to buy homes.

Jamie is a big buddy of Bob Steel, former Chairman of the Board of Trustees at Duke University and now heading up (or more likely heading down) Wachovia.

Look for both Gorelick and Steel to make more millions from the Wachovia disaster.

Duke bolsters legal team in fighting lawsuit - Ex-deputy attorney general to help against lacrosse players’ case
Herald-Sun, The (Durham, NC) - February 6, 2008
Author: Ray Gronberg

DURHAM — Duke University has added a former deputy attorney general of the United States to the legal team that will defend it against a federal civil-rights lawsuit filed by three members of the 2005-06 men’s lacrosse team.

Court papers filed this week indicate that Washington, D.C., attorney Jamie Gorelick will assist two Greensboro litigators in representing the school. They’re also the attorneys of record for the Duke University Police Department, Board of Trustees Chairman Robert Steel, school President Richard Brodhead and numerous other university officials.

(snip)

http://www.ajc.com/business/content/business/stories/2008/09/09/wachovia_cost_savings.html

Wachovia plans to cut expenses by $1.5B in 2009

By DAVID MILDENBERG, HUGH SON

Bloomberg News

Tuesday, September 09, 2008

Wachovia Corp., the fourth-largest U.S. bank, will cut 2009 expenses by $1.5 billion and is “tapping the brakes” on risk, Chief Executive Officer Robert Steel told investors Tuesday.

(snip)

http://www.treas.gov/organization/bios/steel-e.html

Robert Steel
Under Secretary for Domestic Finance

http://finance.yahoo.com/q/it?s=WB

22-Jul-08 STEEL ROBERT KING
Officer 1,000,000 Direct Purchase at $15.32 - $17.02 per share. $16,170,0002
15-Jul-08 STEEL ROBERT KING
Officer 1,990,089 Direct Acquisition (Non Open Market) at $0 per share. N/A
9-Jul-08 STEEL ROBERT KING
Officer N/A Direct Statement of Ownership N/A