Liberty
Wells Turns Duke Building Gay
Remember back when the Duke Power building was supposed to be the new Wachovia HQ, before Ken Thompson lost his mind and all? Turns out WFC — a major tenant…
G. Kennedy Thompson
Liberty
ProPublica Discovers Can-Kicking
There is nothing obviously wrong with ProPublica’s loong rundown on the CDO implosion. Functional overview — and evidently particularly pleasing to the UPoR crowd as the piece focused on evil-bad…
Liberty
Educating Hyong Yi
Mecklenburg County Budget Director Hyong Yi picked an interesting metaphor to describe county’s budget woes. “The recession is over — economists have said it, people have declared it — but…
Liberty
It's the Cammie and Dee Dee Follies!
Unbelievable. Cameron and Dee Dee Harris are back suing Wachovia/Well Fargo over their inability to get Ken Thompson to give them insider stock trading information. The truly hysterical part is…
Liberty
Harrises Sue for Insider Stock Tips
Absolutely hysterical must-reading. And iron-clad proof now and forever more that the Uptown insiders really do not think the rules apply to them. Cameron Harris really, really thought that going…
Liberty
BofA: Countrywide, Countrywide, Countrywide
Alright. Bank of America has weaseled another $20b. out of the US Treasury. Now, just like Citigroup, BofA has received $45b. in direct bailout funds. Now 2009 turns a weird…
Liberty
Bailout Knocked Out: What's Next?
What a flippin’ zoo. The House had no clue what it was voting on and Wall Street is having a nervous breakdown as it realizes there is no one in…
Liberty
Wachovia: Man of Steel to the Rescue?
This is very interesting. Did Wachovia hire a new CEO or did the Treasury Department acquire a major money center bank? Such is the background of former Treasury Undersecretary Robert…
Liberty
W-S nervous about Wachovia shake-up
The Winston-Salem Journal’s Richard Craver analyzes the effect Ken Thompson’s ouster from Wachovia could have on the local economy: The reason for local nervousness about Thompson’s departure is that he…
Liberty
More Wachovia Speculation
The Uptown paper of record picks up on the Wachovia in play game and adds a few wrinkles. However, I think the foreign bank takeover scenario is extremely unlikely. Foreign…
Liberty
Thompson Out; Wachovia in Play?
Ken Thompson is out at Wachovia, kicked to the curb by his board. That is the old news. The new news? That Wachovia may be bought should it share price…
Liberty
More Great PR for Bank of Countrywide
Countrywide Financial Chairman Angelo Mozilo does not know the difference between “reply” and “reply all” — winds up telling a guy trying to rework his Countrywide mortgage that the effort…