Wachovia

Part of a series The Great American Write-Down

Wachovia (WB) wrote $1.3 billion off in October on their structured portfolio and $1.1 billion off in November on their CDO portfolio.

Articles:
UPDATE 1-Timing of Golden West deal 'not good'-Wachovia execWachovia Says Portfolio Lost $1.1 Billion in Value in October, Raises Loan Loss Provisions