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Reuters: WaMu says well-capitalized after shares sink

Started by chris, July 15, 2008, 02:41:06 AM

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chris

WaMu says well-capitalized after shares sink
      


NEW YORK (Reuters) - Washington Mutual Inc  said it is "well capitalized" with more than $40 billion of liquidity and $150 billion of retail deposits, moving to reassure investors and depositors after shares of the largest U.S. savings and loan sank 34.7 percent on Monday.
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