The Wachovia Corporation agreed to a $144M settlement with the Comptroller of the Currency without admitting liability for allowing telemarketing firms and payment processors to take advantage of customers.
     Apparently, Wachovia failed to properly monitor the submission of checks signed in blank and other procedures automating monthly withdrawals. It sounds more like "walk over ya" than looking out for their elderly and less educated clientele -- those most susceptible to being scammed.
     Federal criminal defendants who target vulnerable victims receive an enhanced sentence. Corporations just pay.