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WaMu gets $7 bln infusion, cuts jobs, sees loss (Reuters)

Started by riky, April 09, 2008, 02:15:23 AM

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riky

WaMu gets $7 bln infusion, cuts jobs, sees loss
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Washington Mutual Inc , battered
by mortgage delinquencies and defaults, said Tuesday it
obtained a $7 billion capital injection from private equity
firm TPG Inc and other investors, but projected a $1.1 billion
quarterly loss and set plans to eliminate 3,000 jobs.</p><br clear="all"/>


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