Skip to comments.
Financial Crisis Commission Examining Wachovia/Wells Fargo (Time to ditch?)
Hispanic Business ^
| 9/01/10
Posted on 09/01/2010 10:19:51 PM PDT by Libloather
Financial Crisis Commission Examining Wachovia
September 1, 2010
Rick Rothacker
The panel investigating the U.S. financial meltdown will put Charlotte's Wachovia Corp. under the microscope on Wednesday.
The Financial Crisis Inquiry Commission on Monday said former Wachovia chief executive Bob Steel will be one of the witnesses at a hearing in Washington. He will be joined by Scott Alvarez, the Federal Reserve System's general counsel, and John Corston, acting deputy director of supervision and consumer protection at the Federal Deposit Insurance Corp.
Former Lehman Brothers Holdings Inc. CEO Dick Fuld is slated to testify in an afternoon session. Federal Reserve Chairman Ben Bernanke and FDIC Chairman Sheila Bair will headline a second hearing on Thursday.
The 10-member bipartisan commission is empowered to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." Wednesday's hearing is entitled "Too Big to Fail: Expectations and Impact of Extraordinary Government Intervention and the role of Systemic Risk in the Financial Crisis."
(Excerpt) Read more at hispanicbusiness.com ...
TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: commission; crisis; financial; wachovia
Navigation: use the links below to view more comments.
first 1-20, 21-25 next last
On C-Span now. Wachovia individuals really do suck.
To: Libloather
WaMu was given away to rich New York bankers. Screw New York and their control of Congress. A pox on their house.
2
posted on
09/01/2010 10:27:05 PM PDT
by
Jack Black
( Whatever is left of American patriotism is now identical with counter-revolution.)
To: Jack Black
"WaMu was given away to rich New York bankers."Get Chuck U Schumer on the stand!!!
yitbos
3
posted on
09/01/2010 10:30:40 PM PDT
by
bruinbirdman
("Those who control language control minds.")
To: Libloather
4
posted on
09/01/2010 10:30:54 PM PDT
by
Palter
(If voting made any difference they wouldn't let us do it. ~ Mark Twain)
To: Palter
Wachovia to fund Latino group La RazaThat's brutal. I'm on my way out.
5
posted on
09/01/2010 10:38:38 PM PDT
by
Libloather
(Teapublican, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
To: Libloather
This is just a political witch hunt, because WFC told Obama to pack sand and didn’t need any of their stolen tax payer bailout money and resisted and still resists their interference and controls. Don’t bail, support Wells Fargo!
6
posted on
09/01/2010 11:24:52 PM PDT
by
RachelFaith
(2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
To: Palter
That is one of the reasons they failed. And why it was a good buy for Wells Fargo Co. When bad banks make bad politics and bad loans because OF those bad politics, it is simply a good buying opportunity for banks who see and do things differently.
7
posted on
09/01/2010 11:29:13 PM PDT
by
RachelFaith
(2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
To: Libloather
That article is more than 2 years old. FYI.
8
posted on
09/01/2010 11:29:44 PM PDT
by
RachelFaith
(2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
To: RachelFaith
That article is more than 2 years old. FYI.Which article are you referring to? The one I posted?
(Are you some super-secret, willing to blow themselves up because someone pissed them off, ex-Wachovia employee?)
Just wondering...
9
posted on
09/01/2010 11:42:57 PM PDT
by
Libloather
(Teapublican, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
To: Libloather
I am neither an “ex” employee of any company. I have worked for one company since my first summer internship at 14. And I harbor no terrorist bomber tendencies either.
10
posted on
09/01/2010 11:46:26 PM PDT
by
RachelFaith
(2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
To: Libloather
The La Raza one to which you replied.
11
posted on
09/01/2010 11:47:24 PM PDT
by
RachelFaith
(2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
To: Libloather
The 10-member bipartisan commission is empowered to... blame everybody but Congress.
12
posted on
09/01/2010 11:59:25 PM PDT
by
Moonman62
(Politicians exist to break windows so they may spend other people's money to fix them.)
To: Moonman62
BINGO.
We have a winner.
Without the CRA and other Liberal Feel Good Risky Loan laws, we wouldn’t have ever had this happen.
13
posted on
09/02/2010 12:02:08 AM PDT
by
RachelFaith
(2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
To: RachelFaith
I have worked for one company since my first summer internship at 14.Ah, HA! An insider! Someone fully involved with the stock price!
Some more (free) advice - sell. You've made your profit. Hussein is just about to bring down the hammer.
You've been warned. Don't blame me.
14
posted on
09/02/2010 12:15:32 AM PDT
by
Libloather
(Teapublican, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
To: RachelFaith
Well, my kids are going down to Wells Fargo and pulling all of their accounts....
when they tried to modify their loan...everyone was willing to work with them,
except Wells Fargo!! They are getting TOO big!! I’m pulling my Acct our too!!
15
posted on
09/02/2010 12:26:08 AM PDT
by
prayin4_swcb
(....A nation divided against itself, cannot stand.)
To: RachelFaith
Well, my kids are going down to Wells Fargo and pulling all of their accounts....
when they tried to modify their loan...everyone was willing to work with them,
except Wells Fargo!! They are getting TOO big!! I’m pulling my Acct our too!!
16
posted on
09/02/2010 12:26:15 AM PDT
by
prayin4_swcb
(....A nation divided against itself, cannot stand.)
To: prayin4_swcb; RachelFaith
I’m pulling my Acct out too!!Time to GO!
17
posted on
09/02/2010 12:31:13 AM PDT
by
Libloather
(Teapublican, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
To: Libloather
Steel was chairman of the board of Duke University during the lacrosse case. He was up to his neck in it.
18
posted on
09/02/2010 2:04:13 AM PDT
by
Ken H
To: abb
19
posted on
09/02/2010 2:05:40 AM PDT
by
Ken H
To: Libloather
Wachovia was a good bank. It all went sideways when they merged with First Union a sh%%hole of a bank and bank culture.
20
posted on
09/02/2010 3:26:56 AM PDT
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
Navigation: use the links below to view more comments.
first 1-20, 21-25 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson