Monday, June 2, 2008

Wachovia ousts CEO Thompson after losses mount

Wachovia Corp ousted its chief executive, sending the bank's shares lower on speculation that loan losses tied to the purchase of a big mortgage lender could widen. 6/2/2008 3:43 PM

Bank downgrades, Wachovia ouster rocks markets

Credit concerns flare up, sending stocks lower

ISRG 288.58 -5.01 -1.71%
FSLR 255.96 -11.58 -4.33%
GOOG 575.00 -10.80 -1.84%
BIDU 337.75 -7.31 -2.12%


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