Wachovia (WB) Director Goodwin Buys 1M Shares

Wachovia Corporation (NYSE: WB) Director, William Goodwin, bought 1,000,000 shares on 9/15 at $11, brining his stake to 2,556,000 shares.

William Goodwin has been a Wachovia director since 1993. William Goodwin is chairman and president of CCA Industries, Inc., a diversified holding company in Richmond, Va. Also, chairman, chief executive officer and chief operating officer of The Riverstone Group, LLC, Richmond, Va., a diversified holding company.

Shares of Wachovia are under pressure again today, down nearly 13% to $10.04.

Wachovia Corporation, a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally.

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