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Ex-CEO of S&L bought by Wachovia defends record (AP via Yah

 
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Eleph
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Joined: 11 May 2006
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PostPosted: Mon Oct 06, 2008 1:28 pm    Post subject: Ex-CEO of S&L bought by Wachovia defends record (AP via Yah Reply with quote
Once hailed for running their savings-and-loan company like an endearing mom-and-pop shop, Herb and Marion Sandler are now being vilified as ruthless home lenders who helped destroy Wachovia Corp. and contributed to the financial decay that led to the U.S. government's $700 billion rescue plan to buy rotten mortgages.

[url=http://us.rd.yahoo.com/dailynews/rss/search/what+is+a+2nd+mortgage/SIG=126nn476d/*http%3A//news.yahoo.com/s/ap/20081006/ap_on_bi_ge/wachovia_sandler_6]Read more...[/url]
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