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Ticker Summary (WB)

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Wachovia's New CEO Buys 1 Million Shares (news.moneycentral.msn.com)

CEO Bob Steel invested more then $16 million for 1 million shares of Wachovia. Wachovia reported a loss of nearly $8.9 billion and announced job losses impacting more then 10,000 employees. Steel stated, "Wachovia is a great company and I made the investment because I believe in the core strengths of the organization and that it is an excellent investment."

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2 years 235 days ago by Tim

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