Financials Again – Wachovia

Wachovia Insiders (including the CEO and other directors) have been buying up a lot of stock lately as the stock has taken a severe beating. The yeild on Wachovia stock is currently over 6.5% and it probably can’t get too much better. So I got myself some Wachovia stock too, which I hope will payoff more in dividends than my savings accounts long term.

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