Back to Search Start Over

Wachovia Will Chip In Toward $80 Billion Aim; Who's Hanging Back?

Authors :
Smith, Randall
Mollenkamp, Carrick
Sidel, Robin
Solomon, Deborah
Bauerlein, Valerie
Lauricella, Tom
Source :
Wall Street Journal - Eastern Edition. 10/17/2007, Vol. 250 Issue 91, pC1-C2. 2p.
Publication Year :
2007

Abstract

The article reports on a decision from Wachovia Corp. to become involved in an $80 billion investment fund being developed by Citigroup Inc., J. P. Morgan Chase & Co. and Bank of America Corp., The pool has been developed to acquire mortgage assets and help financially struggling credit markets in the U.S.

Subjects

Subjects :
*BANKING industry
*FINANCE

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
91
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
27069891