Oct 21
Week by week we continue to see Wells Fargo kicking itself over Wachovia assets that it absorbed when it merged with Wachovia. FT Alphaville grabbed comments from the company's pre-recorded conference call: . . . we are seeing signs of stability in our credit portfolio and based on our current economic outlook, we expect credit losses to peak in 2010 with consumer losses potentially peaking in first half of the year and gradually declining as the year progresses. We have substantially le
