Wachovia is now part of Wells Fargo.

Jump to Last Post 1-10 of 10 discussions (14 posts)
  1. profile image0
    Leta Sposted 9 years ago

    What do you suppose that means?

  2. Misha profile image70
    Mishaposted 9 years ago

    Nothing new I think - banking crisis, a part of overall Greatest Depression anybody living now ever seen smile

  3. profile image0
    pgrundyposted 9 years ago

    It means Wachovia failed and Wells Fargo scooped it up at a fire sale. What bothers me more is how the Treasury Department is now force-brokering sales of failing banks to slightly stronger banks using TARP money (the taxpayer $700 billion bailout money). Doing that conceals from the public how many banks are failing and how dire the situation is, right when what we need is more transparency and more accountability, not less.

    We are so screwed. God, when will they put someone in charge of this who isn't there just to loot what's left of the carcass?

  4. Misha profile image70
    Mishaposted 9 years ago

    No sooner then when nothing is left of the carcass smile

    1. profile image0
      pgrundyposted 9 years agoin reply to this

      Yikes. Sadly, I fear you are right. smile

  5. profile image0
    Leta Sposted 9 years ago

    I believe Buffet has major interest in Wells Fargo?  Hmmmmmm....

  6. Sally's Trove profile image78
    Sally's Troveposted 9 years ago

    For now, Wells Fargo is in the black.  Tomorrow may be different.  We are in the times where vultures scavenge, and if what they ingest means that our investments have a life of regurgitation and offal, then that's the law of the jungle.

    My investments are with an independent Wachovia broker, whom I trust with my life.  Now she's a Wells Fargo broker.  But she's really not anyone's broker, except mine.  Smart, savvy, her interests are for her clients.  She will go where her clients are safe.  For now, it's Wells.  Tomorrow, it could be another bank house, or herself.

    In all of this turmoil, I haven't lost a dime.  In fact, I've gained.  My financial advisor follows her knowledge of the market and passes that knowledge onto her clients.  I wish there were more like her.

    It doesn't matter what big financial institution dives down under...what matters is what you have in your pocket.

    I have a gem.

  7. profile image0
    pgrundyposted 9 years ago

    I have some lint and an old breath mint! lol

    1. Sally's Trove profile image78
      Sally's Troveposted 9 years agoin reply to this

      Somehow, that doesn't surprise me.  Every now and again there is a gem.  Maybe it's in the clothes dryer filter.  LOL, Pam.

  8. profile image0
    sandra rinckposted 9 years ago

    I got screwed by Wachovia.  I hate them!  I hope every single banking insitution fails and is never heard of again! 

    They are all a bunch of carcass licking scavengers who don't care about anything even their naive employees who are only there because they need a job (regular employes, not the fat cat ones) 

    I just wish it would all collapse already instead of "trying" to save anything.  It deserves to fail but now they are taking everyone down with them!  errrr!!!!

    1. Sufidreamer profile image81
      Sufidreamerposted 9 years agoin reply to this

      Never realised it was that bad over there. sad That sucks.

  9. pylos26 profile image75
    pylos26posted 9 years ago

    Wachovia allegedly had that tainted albatross hanging around its neck that reeks back to its conception…that is, the rumor that it was initially funded by slave labor.

    1. profile image0
      sandra rinckposted 9 years agoin reply to this

      Got any links to the rumor?  I would love to find more reasons to hate them even more.  lol.

  10. pylos26 profile image75
    pylos26posted 9 years ago

    Sorry...nope...just a rumor...but if you wish to invest in research i'll cheer you on...


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)