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Can Wachovia survive on its own?
Wachovia's new CEO, Robert Steel, has roots at Goldman Sachs, where he was vice chairman before moving into public service at the Treasury Read more...
Countrywide to be Ken Lewis's undoing?
The sacking of former Wachovia CEO Ken Thompson shows how one deal really can blow a guy's career. True, Read more...
Thompson's legacy at Wachovia
Ken Thompson's career was built on savvy deals only t be undone by a single deal. The make-the-man deal was First Union's merger with Wachovia. As CEO of First Union, Read more...
Will CEO turmoil continue?
We've seen a lot of high profile CEO lose their jobs. Stanley O'Neal. Chuck Prince. Jimmy Cayne. But at least one MarketWatch commentator thinks at least two other fairly big name CEOs ought to be Read more...
Wachovia raising $7 billion
Wachovia, aiming in part to blunt the effects of its first quarter loss, says it will raise $7 billion to shore up its capital position. It appears it will issue some common and some preferred Read more...