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(Photo by Justin Sullivan/Getty Images)

Wells Fargo Settles Bid Rigging Case For $148.2M

CHARLOTTE, N.C. (AP) — Wells Fargo & Co. said Thursday that its subsidiary Wells Fargo Bank will pay $148.2 million to settle allegations of anti-competitive practices, such as municipal bond bid-rigging, by Wachovia Bank employees before it was acquired in 2008.

CBS Charlotte–12/08/2011

Mug shot of Bobbie Jo Wulf-Henson. (credit: 16th Circuit Solicitor's Office)

Former Wachovia VP, Husband Cooked Meth In Front Of 7-Month-Old

A former Wachovia vice president and her husband were sentenced to 10- and 12-year prison sentences after being arrested and charged in the past two years for manufacturing methamphetamine, distribution of methamphetamine, and child abuse for cooking methamphetamine with their 7-month-old child present.