Wachovia began losing deposits in April 2008, crisis report says: "(By Rick Rothacker, rrothacker@charlotteobserver.com) Wachovia Corp. began losing deposits in April 2008 after announcing losses related to loans inherited in its 2006 Golden West Financial Corp. acquisition, according to a report released today.
That outflow preceded a "silent run" on the bank in September 2008 that helped prompt the bank's sale to Wells Fargo & Co."