Financial meltdown plays out in Iowa courthouse Forbes, NY - 14 hours ago Bank of the West, which held the second mortgage, topped Wells Fargo with a bid of $52978. Hayes then upped the bid by $1000, and Bank of the West ... |
 ABC News | Wachovia Reports $23.9 Billion Loss for Third Quarter New York Times, United States - Oct 22, 2008 Mortgages and home equity losses continue to rise as housing prices have yet to find a bottom. Losses on auto and credit card loans have surged. ... Wachovia reports $23.9-billion third-quarter loss Los Angeles Times Alice Lehman - Director, Wachovia Investor Relations Seeking Alpha Wachovia Reports $23.9 Billion Net Loss in Q3 Housing Wire Seeking Alpha all 1,329 news articles |
Wachovia Reports 3rd Quarter Loss of $4.8 Billion Excluding $18.7 ... Earthtimes (press release), UK - Oct 22, 2008 Growth in consumer real estate secured was driven by mortgage and home equity and included slower prepayments. Auto loan originations declined 24 percent. ... |
 New York Times | Banks Keep Up Lobbying Efforts Wall Street Journal - 10 hours ago Its filings included a new $30000 contract with lobbying firm Chesapeake Enterprises, to represent Wells's home-mortgages branch. Wells Fargo will sell an ... Let's Hope ‘Temporary’ Isn't Temporary Patriot Post all 392 news articles |
WFC: New Poster Child for "No Trust" istockAnalyst.com (press release), OR - 15 hours ago Today, the poster child for "silly" is Wells Fargo. From the NY Post's article: Wells "decided" in their latest quarterly report to cut loan loss reserves. ... |
 The Associated Press | $2.8 Billion Loss at Citigroup on More Write-Downs New York Times, United States - 7 hours ago Wells Fargo swooped in with a counteroffer that derailed the bid; both sides are now waging an intense battle in the courts. ... Citi Posts $2.8 Billion 3rd-Quarter Loss New York Times all 488 news articles |
Movers: Wells Fargo, JPMorgan, Intel, Coca-Cola MSNBC - 8 hours ago Also notes markdowns on mortgage trading positions, leveraged loans, higher credit costs due to continued deterioration in its home-lending portfolio. ... |
 Boston Globe | $2.8 Billion Loss at Citigroup on More Write-Downs New York Times, United States - 4 hours ago Chief among those was $4 billion tied to its various exposures to faltering home loans, including assets belonging to various structured investment vehicles ... Citi Posts $2.8 Billion 3rd-Quarter Loss New York Times all 390 news articles |
JPMorgan, Wells Fargo profits fall, but top views guardian.co.uk, UK - 5 minutes ago ... Inc. Wells Fargo set aside $2.5 billion for credit losses, and net charge-offs more than doubled to $2 billion. It expects home equity loan losses to be ... |
 Reuters | Profit Falls at JPMorgan as Loan Losses Increase New York Times, United States - 3 hours ago The Federal Reserve helped by guaranteeing a $29 billion loan to facilitate the transaction. In San Francisco, Wells Fargo reported a 23 percent decline in ... JPMorgan profit slumps The Age JPMorgan Chase Q3 profit plummets; cautions reduced earnings for ... Trading Markets (press release) all 393 news articles |
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