Relevant:
- Wachovia Ousts Thompson on Writedowns, Share Plunge
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- Former Wells Chief Says GSEs Should be Eliminated - Kovacevich talks about Wachovia, economy
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- Troubled lender NovaStar loses three top executives, including a co-founder
2008-05-09 — bloomberg.com
"Wachovia Corp. Chief Executive Officer Kennedy Thompson, under fire for buying a California lender as the housing market peaked in 2006, was stripped of his role as chairman of the fourth-largest U.S. bank."
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