First AIG and now Wachovia. How in the world these companies in this bad economy take a company vacation especially when Wachovia will be purchased by Wells Fargo?
CHARLOTTE, N.C., Oct. 9 (UPI) -- A planned all-expenses-paid Greek Isles cruise for some of Wachovia Securities LLC's top brokers has been called off, the company said Thursday.
The weeklong trip for up to 75 employees of brokerage A.G. Edwards, which Wachovia Corp. (NYSE:WB) acquired last year, was to have included spouses and significant others, the Los Angeles Times reported Thursday. However, Jim Griffin, a spokesman for Wachovia Corp., said the trip has been called off.
"With uncertainty in the markets right now, financial advisers have told us that they prefer to remain close to their clients," Griffin said, "so Wachovia has made the decision to call off the trip."
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