Banking, finance, and taxes
Wachovia (WB) Looked At For Laundering Drug Money
Published:
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
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
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