Wachovia To Buy Back $9B In Auction Rate Securities
Under the global settlement, Wachovia will repurchase more than $5.7 billion from over 40,000 individual investors, small businesses and charities by the end of November. Businesses with big stakes will be able to redeem their securities by next June.
“Today's settlement is a major step towards making these investors whole,” said Missouri Secretary of...
To view the full article, register now.