Place Trade Financial CEO Quoted in The News & Observer Regarding Wachovia Bank Concerns

Raleigh, NC, October 21, 2008 --( Sarah M. Place, President & CEO of Place Trade Financial, Inc. (Member FINRA, SIPC),, a global full service brokerage firm based in Raleigh, NC, announced that she was included in The News & Observer article entitled “Bank investors twisting on news” regarding recent concerns with the future of Wachovia Bank investors after deals were announced first with Citibank and then with Wells Fargo.

“I appreciate the opportunity to be a part of The News & Observer’s article regarding Wachovia’s shareholders,” said Place. “Wachovia is such an important part of our community and shareholders are spread throughout the world. We were fortunate to be able to help clients understand the significant issues surrounding both the Citibank and Wells Fargo deals.”

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About The News & Observer:
The News & Observer Publishing Company has deep roots in the Triangle, The News & Observer Publishing Co. publishes not only The News & Observer, one of the nation’s best regional newspapers, but also four weekly or bi-weekly newspapers offering community coverage in Chapel Hill, Cary, Johnston County and eastern Wake County. The company launched, one of the nation’s first internet service providers, in 1994, and today is home to both and, the region’s leading websites. It is one of the region’s major employers, with more than 1,200 full-time and part-time workers and a carrier force of about 750 independent contractors. The main office is located in downtown Raleigh, North Carolina.

About Sarah M. Place:
Sarah M. Place, MBA, President & CEO of Place Trade Financial, Inc., (Member FINRA, SIPC),, has over eighteen years experience in the financial services industry. Sarah is a member of the National Association for Business Economics (NABE) and the Finance Roundtable. She serves as a member of the North Carolina Council on Economic Education (NCCEE) Board of Directors. She serves as Vice-Chairman of the Kids Voting North Carolina/Wake County Board of Directors and as a member of the statewide Kids Voting North Carolina Board of Directors. She is active in The Greater Raleigh Chamber of Commerce, the Leadership Raleigh Alumni Association and the National Association of Women Business Owners (NAWBO). In addition she serves as a member of the Capital City Club’s Annual Big Bad Ball Board; a benefit for the Hospice of Wake County. She is a member of the Louisa St. Clair Chapter of the National Society Daughters of the American Revolution (NSDAR), the North Carolina Roadrunners Club and has been involved in several different charities, committees and local activities including Susan G. Komen for the Cure, Speaking of Women’s Health and the Jimmy V Celebrity Golf Classic.

Most recently, she has been honored as one of the Triangle’s top businesswomen and presented with the Triangle Business Journal’s prestigious Women in Business Award for her success and dynamic leadership. She has also been recognized by magazine publisher Business Leader Media as a winner of its first annual Movers & Shakers award, honoring business professionals who have made a significant impact through their respective roles, as well as through community involvement.

Sarah has been honored to have her advice included in Consumer Reports Money Advisor, ABC 11 Eyewitness News and several other important news services. She has presented topics including economic issues, investments and retirement planning to numerous groups over the years including the Tufts University Alumni Association and the Cary Jaycees. She is a contributing writer for several publications including Balance Magazine, the Carolina Newswire, NC Career Networking magazine and Women’s Edge Magazine.

For questions or comments contact Sarah Place at (919) 719-7200, or visit them online at

Place Trade Financial, Inc.
Sarah M. Place