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Opinion on  Wachovia Corp (WB)     Sector: Financial  >  Industry: Money Center Banks
More Losses Coming

Apr 24, 2008 09:37 PM GMT
Return Risk
-10.25% MID
Analyst

WB will have to take a goodwill impairment charge sometime in 2008.  Golden West purchase in 2006 has crashed in value, impairment charge seems inevitable.


WB:  This call was made on 04/24/08 @ $27.5
Rating:   Negative   $27.5 (04/24/08)
Gain/Loss:   +80.84% in 581 days


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