Freitag, 26. September 2008
Die 1879 gegründete US-Bank könnte bald das Schicksal von WaMu teilen. Ausverkauf an der Wall Street!
Neben den "Großen" könnte Wachovia die 14. Bank in den USA sein, die dieses Jahr Pleite geht. Das befürchtet man an der Wall Street. Die Aktie verlor in der Spitze 35%. (Nicht mitgezählt sind hier natürlich die Investmentbanken und Fannie, Freddie.
Stimmen von der Wall Street
"Wachovia is obviously trading down in sympathy," said Kevin Fitzsimmons, an analyst at Sandler O'Neill & Partners, in a telephone interview. "Investors are looking for who else out there has a large exposure to mortgage assets that potentially could be written down to a significant degree."
Wachovia's current problems stem largely from its acquisition of mortgage lender Golden West Financial Corp. in 2006 for roughly $25 billion at the height of the nation's housing boom. With that purchase, Wachovia inherited a deteriorating $122 billion portfolio of Pick-A-Payment loans, Golden West's specialty, which let borrowers skip some payments. |