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URL:  http://boards.fool.com/what-is-now-know-as-wachovia-in-fact-is-first-19729620.aspx

Subject:  Re: Wachovia Date:  10/18/2003  3:36 PM
Author:  ResNullius Number:  128551 of 744851

What is now know as Wachovia in fact is First Union Bank, which is pandering under it's new name of Wachovia. The reason for the name change was the numerous acts of illicit conduct perpetrated by the securities division and other divisons of First Union. It's reputation was so bad that it bought Wachovia so it could use a name that had an excellent reputation for conservative and ethical management.
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