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Wachovia loses $8.86 billion, slashes jobs (Reuters)

Started by riky, July 22, 2008, 03:42:55 PM

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riky

Wachovia loses $8.86 billion, slashes jobs
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Wachovia Corp , the
fourth-largest U.S. bank, on Tuesday posted an $8.86 billion
second-quarter loss, slashed its dividend and announced the
elimination of more than 10,700 jobs after losses tied to
mortgages soared.</p><br clear="all"/>


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