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WaMu has $3.33 bln loss, may be cut to "junk" (Reuters)

Started by riky, July 23, 2008, 01:43:10 AM

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riky

WaMu has $3.33 bln loss, may be cut to "junk"
    (Reuters)

 



Reuters - Washington Mutual Inc, the largest
U.S. savings and loan, posted a $3.33 billion second-quarter
loss on Tuesday as souring mortgages forced it to set aside
more money for loan losses.


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