NYT :: Education

Bank Limits Fund Access by Colleges, Inciting Fears

Wachovia Bank has limited the access of nearly 1,000 colleges to $9.3 billion the bank has held for them, raising worries about meeting payrolls and other obligations.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=58051f3112d7419abc417309b51d7fc3&u=http://www.nytimes.com/2008/10/02/education/02college.html"><img src="http://www.pheedo.com/img.phdo?x=58051f3112d7419abc417309b51d7fc3&u=http://www.nytimes.com/2008/10/02/education/02college.html" border="0"/></a></span>