Didn't Wells Fargo "buy* Wachovia?
Cheers!
From the article...
“By the time Mr. Serricchio returned, his employer, the securities division of Prudential Financial, had merged into Wachovia Securities, now a part of Wells Fargo. His clients had dispersed, and Wachovia offered him a job paying only a $2,000-a-month advance on his commissions, far short of the $80,000 a year he had been earning when he left. Mr. Serricchio declined the offer.”