While the focus has been primarily on Wachovia's residential mortgage problems, notably with their Pick-A-Pay (PAP), others are now looking at other, potentially more damaging issues at the Queen City's second largest bank.
See today's Marketwatch's "Wachovia's Commercial Loans Stir Worries," and Mish's Global Economic Trend Analysis' latest posting, "Can Wachovia Do Anything Right?"
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