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> Wachovia and Washington Mutual essentially failed in 2008 and no one lost anything Account holders shouldn't have lost (haven't checked) but the stock evapor
by jjav 4y ago
> Wachovia and Washington Mutual essentially failed in 2008 and no one lost anything
Account holders shouldn't have lost (haven't checked) but the stock evaporated overnight, so anyone holding any shares lost everything in a blink.
- lizknope 4y agoI had around $47,000 in Wachovia in 2008. I was a Wachovia customer since 1991. I didn't lose a penny. Wells Fargo bought Wachovia and over the next year they automatically transitioned us to Wells Fargo accounts with the same login/password, account numbers, and my account balance. I'm still with Wells Fargo 14 years later and everything is fine.