2008-09-06cbs5.com

A San Francisco Wachovia branch was under siege Wednesday afternoon by people on the verge of losing their homes. Those people accuse the bank of giving them mortgages that the bank knew they couldn't afford. Wachovia is the owner of the former Oakland-based World Savings, a bank that CBS 5 has been investigating for months.



Comments:

retailorig at 14:39 2008-09-07 said:
Why isn't anyone looking into the Sandlers who founded and ran World Savings(Golden West Financial) before they sold it to Wachovia. It is the neg am stated income loans that are causing all the problem. Permalink

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