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Archive for September, 2008

Reports: Wachovia in talks with potential buyers

Monday, September 29th, 2008

At least two major banks were reportedly in talks Sunday to buy Wachovia Corp., the latest U.S. bank to be the focus of investor anxiety over mounting losses tied to toxic assets.

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Driver cleared of charges in fatal crash

Sunday, September 28th, 2008

Authorities have dropped a misdemeanor death by motor vehicle charge against Michael Peter Samaskeawicz Jr., the driver in a fatal wreck near Maxton in January.

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One dead, one critical after wreck on South College

Sunday, September 28th, 2008

One dead, one critical in wreck<br>One person is dead and another in critical condition after a wreck on South College Road Sunday night, officials said.

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Sold to U.S. taxpayers for $700B: banks’ bad assets

Sunday, September 28th, 2008

What started as a fairly simple three-page proposal ended up as a complex rescue package, with enhanced congressional oversight, some added protections for taxpayers and a slap on the wrist to highly paid, underperforming executives.

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Problems with DirecTV

Sunday, September 28th, 2008

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