Wachovia may face new mortgage write-downs (Reuters)

Reuters - As more banks report write-downs tied to the global credit crunch, analysts say Wachovia Corp may have losses lurking in an area that has garnered less investor attention.

When to tell your planner you’ll sleep on it
If you’ve ever sat down with your adviser and felt an overwhelming urge to immediately do what he says, that was no accident. The meeting may have seemed like an objective evaluation of your finances. But what you may not realize is that a lot of planners have another purpose: to quickly close the sale.

Digitize your memories
Money Magazine sent about 40 prints and negatives to six popular services. Here’s which did best at getting them onto your computer.

PHH ends deal with GE, Blackstone (Reuters)

Reuters - Mortgage and vehicle fleet company PHH Corp said on Tuesday it terminated its nearly $2 billion sale to General Electric Co and Blackstone, after the private equity firm failed to obtain required financing for the deal.

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