Wachovia (WB) Looked At For Laundering Drug Money

Banking, finance, and taxes

Published: April 26, 2008 2:29 am

Wachovia (WB) may have taken deposits from drug cartels.

The Wall Street Journal reports that the government probing the bank for "alleged laundering of drug proceeds by Mexican and Colombian money-transfer companies."

Perhaps the cash was used to make subprime loans.

Douglas A. McIntyre

Are You Ahead, or Behind on Retirement?

If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: am I ahead, or behind on my goals?

Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With Zoe Financial’s free matching tool, you can connect with trusted financial advisors in minutes.

Why wait? Click here to get started today!