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Reuters: WaMu may avoid more capital raise: Bove

Started by chris, June 25, 2008, 11:41:06 AM

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chris

WaMu may avoid more capital raise: Bove
      


(Reuters) - Washington Mutual Inc  may be able to withstand estimated losses of $36 billion and remain in business, and avoid an additional capital raise, said Ladenburg Thalmann analyst Richard Bove, who narrowed his 2008 loss forecast for the thrift.
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