Wells Fargo Chairman Prefers US Plan to Buy Stakes (Update1) - Bloomberg

<font style="font-size:85%;font-family:arial, sans-serif;"><br><div style="padding-top:0.8em;"><img alt="" height="1" width="1"></div><div class="lh"><table border="0" align="right" cellspacing="0" style="font-size:100%;font-family:arial, sans-serif;"><tr><td width="80" align="center" style="padding-left:6px;" valign="top"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0i-0&fd=R&url=http://abcnews.go.com/Business/wireStory%3Fid%3D6085965&cid=1260746939&ei=6zH_SJ_ABou-9gT3n6iJCQ&usg=AFQjCNEqbgPx5aJDU6twt38IGa_zX9GLjg"><img src="http://news.google.com/news?imgefp=pHFYcqXvIRkJ&imgurl=a.abcnews.com/images/Business/ap_wachovia_081022_mn.jpg" width="80" height="60" alt="" border="1"><br><font size="-2">ABC News</font></a></td></tr></table><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da9lS0aVY4wvA%26refer%3Dhome&cid=1260746939&ei=6zH_SJ_ABou-9gT3n6iJCQ&usg=AFQjCNGmUfaxEcrwbw9gKawENsPAGxjs3g"><b>Wells Fargo Chairman Prefers US Plan to Buy Stakes (Update1)</b></a><br><font size="-1"><b><font color="#6f6f6f">Bloomberg -</font> 1 hour ago</b></font><br><font size="-1">By Ari Levy Oct. 22 (Bloomberg) -- Wells Fargo & Co. Chairman Richard Kovacevich said the US Treasury's intention to buy stock in banks provides a better stimulus to escape the financial crisis than an earlier plan to purchase soured mortgage-related <b>...</b></font><br><font size="-1"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-1&fd=R&url=http://www.bizjournals.com/charlotte/stories/2008/10/20/daily24.html&cid=1260746939&ei=6zH_SJ_ABou-9gT3n6iJCQ&usg=AFQjCNFSrIKORKlFEVWMDm8WaALQuxng5g">Wells chairman expects faster recovery</a> <font size="-1" color="#6f6f6f"> Bizjournals.com</font></font><br><font size="-1"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-2&fd=R&url=http://online.wsj.com/article/SB122459884509954093.html%3Fmod%3Dgooglenews_wsj&cid=1260746939&ei=6zH_SJ_ABou-9gT3n6iJCQ&usg=AFQjCNEUFZzhYlVTD6xK9q6ludrbWmys0A">Wachovia Swings to a $23.7 Billion Loss</a> <font size="-1" color="#6f6f6f"> Wall Street Journal</font></font><br><font size="-1" class="p"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-3&fd=R&url=http://www.marketwatch.com/news/story/wachovia-posts-24-billion-loss/story.aspx%3Fguid%3D%257BA171362A-1367-4ED0-B5F1-7D993F4E9AF6%257D%26dist%3Dmsr_2&cid=1260746939&ei=6zH_SJ_ABou-9gT3n6iJCQ&usg=AFQjCNGUD1fYqzkBXiyw-3xG4Bs5HhNQlQ"> MarketWatch</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-4&fd=R&url=http://www.usatoday.com/money/companies/earnings/2008-10-22-wachovia_N.htm&cid=1260746939&ei=6zH_SJ_ABou-9gT3n6iJCQ&usg=AFQjCNEIKcXW3cRM-1OahVqKaVDXsBYNXw"> USA Today</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-5&fd=R&url=http://ap.google.com/article/ALeqM5gnsmnJsUCAglfob9mG2uYvMmhYXAD93VHRJG0&cid=1260746939&ei=6zH_SJ_ABou-9gT3n6iJCQ&usg=AFQjCNHKLWidRglO8i4TlIa_oMLobV5YLw"> The Associated Press</a></font><br/><font class="p" size="-1"><a rel="nofollow" class="p" target="_blank" href="http://news.google.com/news?oe=utf8&ie=Web+Master+Jobs&hl=en&ncl=1260746939"><b>all 724 news articles</b></a></font><br clear="all"> </div></font>