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    Ex-CEO of S&L bought by Wachovia defends record - Political Yard
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    Ex-CEO of S&L bought by Wachovia defends record

    Posted on Oct 05, 2008 - 7:36 pm - 12 views
    AP - Once hailed for running their savings-and-loan company like an endearing mom-and-pop shop, Herb and Marion Sandler are now being vilified as ruthless home lenders who helped destroy Wachovia Corp. and contributed to the financial decay that led to the U.S. government's $700 billion rescue plan to buy rotten mortgages.



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